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Sold for $7,500,000
  • $7,500,000

    488 NE 18th St Unit Penthouse 15, Miami, FL 33132

    5beds
    4,796sqft
    Condominium
    Built in 2018
    -- sqft lot
    $7,120,400 Zestimate®
    $1,564/sqft
    $-- Estimated rent

    Home value

    $7,120,400

    $6.41M - $7.97M

    Not available

    Zestimate® history
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    What's special

    This incredible Mansion In The Sky offers nearly 8,000 total sf with its own private rooftop! Seller Financing Is Available. Two private elevators take you all the way up to your immaculate Penthouse in the Heart of Miami. Step into your private foyer & discover the double doors opening up to your 3-story mansion with 5-bedrooms, 6.5 bathrooms + Den + Staff Quarters & over 3,000 SF of outdoor space on your private roof-top terrace, summer kitchen & Jacuzzi-pool to enjoy everyday. This spacious Penthouse is ready for you to create your own paradise in Miami's vibrant Arts & Entertainment District. All in the heart of the city, just minutes from the best that Miami has to offer: Design District, Midtown, Wynwood, Brickell, Miami Beach, Miami Opera, Theater, Arena and Art & Science Museums.

    Zillow last checked:

    Listing updated:

    Listed by:

    Farrah Zarghami 305-945-7900,

    Parsiani Real Estate,

    John Parsiani 305-788-7550,

    Parsiani Real Estate

    Bought with:

    Heather McCabe, 3035978

    Beachfront Realty Inc

    Source: MIAMI,MLS#: A11349782MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Den/Library/Office, Family Room, Great Room, Media Room
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
    • Laundry: Sink, Laundry Room
    Features
    • Closet Cabinetry, Custom Mirrors, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Maid/In-Law Quarters, Storage
    • Flooring: Ceramic Tile, Marble
    • Doors: High Impact Doors
    • Windows: Blinds, Impact Glass
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 7,798
    • Total interior livable area: 4,796 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: 2 Or More Spaces, Assigned, Covered
    • Attached garage spaces: 4
    Features
    • Entry location: Foyer
    • Patio & porch: Wrap Around
    • Exterior features: Barbecue
    • Pool features: Association
    • Spa features: Community
    • Has view: Yes
    • View description: Bay, Ocean
    • Has water view: Yes
    • Water view: Bay,Ocean
    • Waterfront features: Intracoastal Front, No Fixed Bridges, Ocean Access, Bay
    • Frontage type: Bay/Harbor
    Details
    • Parcel number: 0132310766430

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • CBS Construction
    Condition
    • Year built: 2018

    Community & HOA

    Community
    • Security: Smoke Detector, Doorman, Elevator Secure, Security Guard
    • Application fee: $180
    • Subdivision: Aria On The Bay,Aria On The Bay
    HOA
    • Has HOA: Yes
    • Amenities included: Bar, Billiard Room, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Fitness Center, Pool, Playground, Sauna, Spa/Hot Tub
    • HOA fee: $4,512 monthly
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $1,564/sqft
    • Tax assessed value: $5,780,450
    • Annual tax amount: $79,709
    • Date on market: 3/1/2023
    • Listing terms: All Cash,Conventional,Cryptocurrency,Owner Will Carry

    Price history

    DateEventPrice
    11/12/2025Listing removed$35,000$7/sqft
    Source: MIAMI #A11864009 Report a problem
    8/22/2025Listed for rent$35,000$7/sqft
    Source: MIAMI #A11864009 Report a problem
    1/24/2024Sold$7,500,000-6%$1,564/sqft
    Source: MIAMI #A11349782 Report a problem
    12/26/2023Contingent$7,980,000$1,664/sqft
    Source: MIAMI #A11349782 Report a problem
    11/13/2023Price change$7,980,000-0.2%$1,664/sqft
    Source: MIAMI #A11349782 Report a problem
    3/1/2023Listed for sale$7,998,000-5.9%$1,668/sqft
    Source: MIAMI #A11349782 Report a problem
    3/1/2023Listing removed--
    Source: MIAMI #A11294071 Report a problem
    11/9/2022Listed for sale$8,500,000$1,772/sqft
    Source: MIAMI #A11294071 Report a problem
    9/14/2022Listing removed--
    Source: MIAMI #A11132557 Report a problem
    3/13/2022Price change$8,500,000-15%$1,772/sqft
    Source: MIAMI #A11132557 Report a problem
    4/26/2021Price change$10,000,000+0%$2,085/sqft
    Source: MIAMI #A11022369 Report a problem
    4/25/2021Listed for sale$9,999,999+42.9%$2,085/sqft
    Source: MIAMI #A11022369 Report a problem
    4/14/2021Contingent$7,000,000$1,460/sqft
    Source: MIAMI #A11022369 Report a problem
    4/3/2021Listed for sale$7,000,000+52.2%$1,460/sqft
    Source: MIAMI #A11022369 Report a problem
    6/26/2018Sold$4,600,000$959/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$115,538 +29.7%$5,780,450 +30%
    2024$89,078 +0.4%$4,446,500 +4.5%
    2023$88,725 +11.3%$4,253,150 +10%
    2022$79,709 +7.5%$3,866,500 +11.1%
    2021$74,181 -0.9%$3,479,850 -1%
    2020$74,863 -5.2%$3,515,000 -5%
    2019$78,982 +6896.6%$3,700,000 +6765.2%
    2018$1,129 $53,895
    2017$1,129 -1.1%$53,895
    2016$1,142 $53,895
    Find assessor info on the county website

    Neighborhood: Wynwood - Edgewater

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $7,120,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,120,400