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488 NE 18th St # 04, Miami FL 33132

Commercial Recently Sold
$5,500,000

BTC: 85.93750000

ETH: 3,055.55555556

Sold on: 2024-01-11
7 days
Waterfront
0 room(s)

Overview

Ground Floor Prime Retail Space inside the Aria On The Bay condominium located in Edgewater, Miami. This prime waterfront decorator-ready retail space offers 20 ft high ceilings, floor-to-ceiling glass windows, with utility connections, grease traps and mechanical equipment in place, and an oversized terrace ideal for outdoor restaurant/cafe seating. Zoning: T6-36A-O

Location

Details

Type:
Commercial Sale
Parking:
Other / Valet
Year Built:
2018
Lot:
11071 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,900,000
$679K – $8.3M
Confidence Low
List vs. estimate
$3.5M above estimate
List $6,400,000 · +120.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $742K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$31,862
Waterfront
Yes
All facts and features
  • Flooring

    • Concrete

  • Parking

    • Other

    • Valet

    Lot

    • Lot: 11071 Square Feet

    Other Property Information

    • Parcel Number: 01-32-31-076-1910

    • Zoning: 6402

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $31,862

  • Source details

    • MLS ID: A11505628

    Other facts

    • Construction Materials: CBS Construction

    • Waterfront: Yes

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Cervera Real Estate Inc