488 NE 18 ST 2601, Miami, FL 33132
Parcel: 0132310760670 · Residential · Condominium - Residential · Zoning: 6402
Assessed Value (2025)
$581,742
Property Details
Beds
2
Baths
2.5
Living Sqft
1,178
Year Built
2018
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$606,900
2018-06-08
BAYSHORE PLAZA I LLC → BOLARES III CORP
2
$700,000+15%
2023-09-12
BOLARES III CORP → IKAZ CAPITAL LLC
3
$700,000
2023-09-19
Tax Assessment History
$581,742
Assessed (2025)
$581,742
Market Value
$581,742
Taxable Value
$11,844
Annual Tax
2024
$612,360
2025
$581,742
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $581,742 | $581,742 | $581,742 | $11,844 | $0 | $0 |
| 2024 | $612,360 | $612,360 | $612,360 | $12,467 | $0 | $0 |
About 488 NE 18 ST 2601, Miami, FL 33132
488 NE 18 ST 2601, Miami, FL 33132 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2018 with 1,178 square feet of living space. The property is currently owned by IKAZ CAPITAL LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2023-09-19 for $700,000. There are 3 recorded sales for this property. The 2025 assessed value is $581,742 with a market value of $581,742.
The assessed value decreased 5% from $612,360 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.
The median household income in this area is $123,892, and the median home value is $566,300. The population density is 62,717 people per square mile. 488 NE 18 ST 2601, Miami, FL 33132 is located in Miami, Florida.
Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2018 to 2023, with 3 recorded transactions in the public record. The current assessed value represents 83% of the most recent sale price.
Based on the most recent sale, this property traded at $594 per square foot — a key metric for comparing value across Miami's real estate market..
Current Owner
IKAZ CAPITAL LLC
245 E 93 ST 15A, NEW YORK, NY, 10128
Since: 2026-03-29
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$3,890 — $6,617
Flood $400 — $800
Property/Wind $3,490 — $5,817
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$123,892
Median Home Value$566,300
Pop. Density62,717/sq mi
Neighborhood 33132
21.2%
Owner-Occ
78.8%
Investor
432
Flips (4yr)
11,877
New Biz (3yr)
Distress Risk
HIGH
69
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