488 NE 18 ST 704, Miami, FL 33132

Parcel: 0132310761970 · Residential · Condominium - Residential · Zoning: 6402

Assessed Value (2025)
$385,223

Property Details

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

Sales History

1
$434,900
2018-06-14
BAYSHORE PLAZA I LLCGUSTAVO GALVEZ
2
$455,000+5%
2021-10-25
GUSTAVO GALVEZ MICHELLE BOGORAD
3
$100non-market transfer
2022-03-03
GUSTAVO GALVEZMICHELLE BOGORAD
4
$650,000
2025-12-29
MICHELLE BOGORADMAYA KASHAPOV
5
$650,000
2026-03-09

Tax Assessment History

$385,223
Assessed (2025)
$470,626
Market Value
$334,501
Taxable Value
$6,810
Annual Tax
2024
$374,367
$495,396
2025
$385,223
$470,626
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $385,223 $470,626 $334,501 $6,810
2024 $374,367 $495,396 $324,367 $6,604

About 488 NE 18 ST 704, Miami, FL 33132

488 NE 18 ST 704, 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 MAYA KASHAPOV, recorded as of 2026-05-17. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-03-09 for $650,000. There are 5 recorded sales for this property. The 2025 assessed value is $385,223 with a market value of $470,626.

The assessed value increased 3% from $374,367 in 2024. The property has the following tax exemptions: homestead. 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 704, 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 2026, with 5 recorded transactions in the public record.

The current assessed value represents 59% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $921 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MAYA KASHAPOV
488 NE 18 ST 704, MIAMI, FL, 33132
Since: 2026-05-17
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,711 — $4,652
Flood $400 — $800
Property/Wind $2,311 — $3,852

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 →
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