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720 NE 24th St #40G, Miami, FL, 33137

4beds
6baths
2,813sqft
$3,150,000
$1,120price/sqft
$18,613/moest. monthly cost
$744,520/yrincome needed

About This Home

Every story in Miami begins with the setting, and few places offer a stage as alluring as Edgewater . Aria Reserve enhances your lifestyle with an extraordinary collection of amenities designed for every age and interest. Enjoy multiple resort-style pools, tennis courts, and basketball facilities, along with a state-of-the-art fitness center and rejuvenating spa. Families will love the dedicated children's play area and splash pad, while every detail is thoughtfully curated to transform everyday living into a world-class experience. This vertical community is located in Edgewater, this neighborhood is most coveted waterfront neighborhood with best panoramic views of the bay and Atlantic Ocean, where mornings might start with a sunlit walk to the neighborhood's artisanal cafeÌs for a crafted espresso or Starbucks, Whole Foods Market ensures gourmet ingredients and everyday necessities are always at hand. Beyond your doorstep lies a cultural playground: the Miami Design District with its haute boutiques and galleries, Wynwood with its bold murals and chic boutique restaurants, cafes, and the world-class performances at the Adrienne Arsht Center . Nights are reserved for indulgence dinner at the Michelin-starred elegance of Le Jardinier, Mandolin Aegean Bistro, Doya, El Turco, or Phuc Yea , Nobu and Zuma . Luxury shopping is never far, with Miami Worldcenter, Brickell City Centre, and the legendary Bal Harbour Shops within easy reach. And with Miami International Airport just 10 miles away, the world is always at your fingertips. Here, the bay is not simply a backdrop, it is home to the best views of the bay and the ocean in all Miami. At Aria Reserve , private marina access means your yacht awaits at your front door, ready to whisk you away for a sunset cruise across Biscayne Bay, a weekend in the Bahamas and/or short distance to the Keys. Life flows as effortlessly as the tides creating a magical daily experience. The property itself extends this sense of indulgence: the soon to open the NEW world-renowned Flat Iron Room , a live entertainment venue, promises evenings of sultry jazz, smooth blues, and intimate performances, establishing Aria Reserve as one of Miami and South Florida's most distinctive destinations. Rising above it all, the twin glass towers the tallest waterfront dual towers in the United States command more than five acres of resort-style grounds. Imagine staring your day with paddle-boarding at sunrise or laps in the bayfront pool, unfold in the semi-Olympic pool or wellness spa, and end with a glass of wine in the private cellar as the city skyline glows golden against the evening sky. Against this backdrop, This residence is a sanctuary in the sky. Perched on the 40th floor corner, this home residence spans over 2,800 square feet of interiors and nearly 300 square feet of terraces , with floor to ceiling glass, framing panoramic views of Biscayne Bay, the Atlantic Ocean and the Miami Beach skyline. The flow of the home is effortless open, airy living spaces bathed in natural light extend seamlessly to terraces suspended above the water and housing the best views in the world all around this unique sky residence, creating the sensation of living within the horizon itself. The primary suite is a private retreat, complete with its own terrace access, spa-like bath, and custom walk-in closets. Each guest suite echoes this refinement with spa-inspired bathrooms designed for comfort and privacy. At the heart of the residence, the chef's kitchen, dressed in Italian cabinetry, stone countertops, and premium appliances, elevates both intimate moments and grand entertaining. All these combine with a one-of-a-kind view 24/7. A $200,000 has been just completed, featuring oak balcony flooring, a fully automated shade system in every room, custom closets with integrated lighting, and hand-finished paintwork. The result is a residence that feels not just new, but perfected and ready for immediate enjoyment at the highest level of sophistication. The 40th Floor unit at Aria Reserve is not merely an address. It is a declaration of lifestyle an invitation to live where the skyline and bay converge in a seamless portrait of elegance, ease, and world-class refinement. This is waterfront living in Miami at its most seductive, its most sophisticated, and its most rare.

Getting Around

85
WalkingVery Walkable
63
TransitGood Transit
72
BikeVery Bikeable

Schools

Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher

Basement

  • Basement: corner-apartment,No

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Sauna,Walk-In Closet(s),Elevator
  • Window features: Double Pane Windows

Interior Area

  • Total structure area: 2,813
  • Total interior livable area: 2,813 sqft

Property

Features

  • Private pool: Yes
  • Exterior features: Dock,Garden,Tennis Court(s)
  • Has view: Yes
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront
  • Frontage type: Waterfront

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,928$191,136
Home Insurance *$276$3,312
Property Taxes $2,126$25,512
Electricity $283$3,397
Total$18,613$223,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$638,160/yr
40% on housing$558,390/yr
45% on housing$496,346/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,120This listing

vs Other Active Listings

Avg $/sqft

ZIP 33137$885
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33137$949
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-10-29Price change$3,150,000
2025-10-09Listed for sale$3,950,000

For Sale by Agent

AgentJohnny J Mansilla
BrokerageNest Seekers

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