488 NE 18 ST 206, Miami, FL 33132
Parcel: 0132310762880 · Residential · Condominium - Residential · Zoning: 6402
Assessed Value (2025)
$638,420
Property Details
Beds
2
Baths
2.5
Living Sqft
1,079
Year Built
2018
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$649,900
2018-05-02
BAYSHORE PLAZA I LLC → NAPPI USA CORP
Tax Assessment History
$638,420
Assessed (2025)
$665,660
Market Value
$638,420
Taxable Value
$12,998
Annual Tax
2024
$580,382
$700,695
2025
$638,420
$665,660
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $638,420 | $665,660 | $638,420 | $12,998 | $0 | $0 |
| 2024 | $580,382 | $700,695 | $580,382 | $11,816 | $0 | $0 |
About 488 NE 18 ST 206, Miami, FL 33132
488 NE 18 ST 206, Miami, FL 33132 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2018 with 1,079 square feet of living space. The property is currently owned by NAPPI USA CORP, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2018-05-02 for $649,900, when BAYSHORE PLAZA I LLC sold to NAPPI USA CORP. The 2025 assessed value is $638,420 with a market value of $665,660. The assessed value increased 10% from $580,382 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 206, 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 current assessed value represents 98% of the most recent sale price. Based on the most recent sale, this property traded at $602 per square foot — a key metric for comparing value across Miami's real estate market..
Current Owner
NAPPI USA CORP
488 NE 18 ST 206, MIAMI, FL, 33132
Since: 2026-03-29
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$4,230 — $7,184
Flood $400 — $800
Property/Wind $3,830 — $6,384
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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