488 NE 18 ST 404, Miami, FL 33132

Parcel: 0132310761940 · Residential · Condominium - Residential · Zoning: 6402

Assessed Value (2025)
$459,545

Property Details

Beds
1
Baths
1.5
Living Sqft
706
Year Built
2018
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$482,900
2018-05-09
BAYSHORE PLAZA I LLCLUTFI BAYRAK
2
$520,000+8%
2021-12-03
LUTFI BAYRAKXWRC LLC
3
$567,500+9%
2024-11-26
XWRC LLCMONICA MARIA SANCHEZ
4
$567,500
2024-12-09

Tax Assessment History

$459,545
Assessed (2025)
$459,545
Market Value
$459,545
Taxable Value
$9,356
Annual Tax
2024
$416,867
$483,732
2025
$459,545
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $459,545 $459,545 $459,545 $9,356
2024 $416,867 $483,732 $416,867 $8,487

About 488 NE 18 ST 404, Miami, FL 33132

488 NE 18 ST 404, Miami, FL 33132 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 2018 with 706 square feet of living space. The property is currently owned by MONICA MARIA SANCHEZ GABRIEL PEREZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-12-09 for $567,500. There are 4 recorded sales for this property. The 2025 assessed value is $459,545 with a market value of $459,545.

The assessed value increased 10% from $416,867 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. There are active mortgage liens totaling $523,803 recorded against this property.

488 NE 18 ST 404, 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 2024, with 4 recorded transactions in the public record.

The current assessed value represents 81% of the most recent sale price. Based on the most recent sale, this property traded at $804 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MONICA MARIA SANCHEZ GABRIEL PEREZ
488 NE 18 ST 404, MIAMI, FL, 33132
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,157 — $5,395
Flood $400 — $800
Property/Wind $2,757 — $4,595

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
View full risk analysis →

Mortgages

ACTIVE
$532,000
~$523,803 bal.
FIRSTBANK PUERTO RICO · 2024-12-09
Est. Total Balance $523,803
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales