Condo / High-rise home in Miami, FL
A Condo condo in Miami, FL, it offers 3 bedrooms and 4 bathrooms across 1,592 square feet. Standout details include elevator, hot tub / spa, attached garage, and sauna / steam room.
| Price | $1,475,000 |
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| Beds | 3 |
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| Baths | 4 |
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| Sqft | 1592 |
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| Architectural style | Condo / High-rise (99% match) |
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| Address | 488 NE 18th Unit 4310, Miami, FL 33132 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage, elevator, hot tub / spa, sauna / steam room.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $1.5M, this home is 159% above the $570K median for 9044 similar Condo / High-rise homes in Miami, FL.
- That works out to $927 per square foot, 70% above the $546 comparable rate.
- New to market (6 days), so expect competition.
| This home | $1,475,000 |
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| Condo / High-rise median in Miami, FL | $570,000 (9044 homes) |
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| Price per sq ft | $927 vs. $546 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $9,745/month with 20% down at a 7.28% 30-year fixed rate. You would need about $417,659 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $8,074/mo |
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| Property tax (new-buyer reassessed rate) | $1,119/mo |
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| Homeowners insurance | $553/mo |
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| Total monthly | $9,745/mo |
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| Down payment (20%) | $295,000 |
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| Income needed | $417,659/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (52 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C- (52/100) |
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| Beats renting in | 7% of modeled paths |
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| Modeled 5-yr equity (median) | $583,815 |
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| Range (10th to 90th pct) | $308,882 to $917,358 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Miami, FL where local data is thin.
Local home values
Typical home values in Miami, FL have risen about 30% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately