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700 NE 24th Street #5202, Miami, FL, 33137

4beds
6baths
3,189sqft
$3,850,000
$1,207price/sqft
$22,723/moest. monthly cost
$908,920/yrincome needed

About This Home

Experience the ultimate in luxury living at Aria Reserve, Edgewater’s newest architectural icon. This brand-new 4-bed, 5.5-bath residence spans 3189 sq. ft. and showcases sweeping views of the bay and Intracoastal through floor-to-ceiling windows. Designed for both elegance and comfort, the spacious layout offers abundant natural light, sleek modern finishes, and a seamless indoor-outdoor flow.Residents enjoy world-class amenities including a full-service spa, state-of-the-art fitness center, tennis, basketball, pickleball courts, kids’ playroom, game room, BBQ area, etc. Perfectly positioned in Miami’s vibrant Edgewater neighborhood, Aria Reserve combines resort-style living with city convenience—just minutes from Wynwood, the Design District, Brickell, and Miami Beach.

Getting Around

85
WalkingVery Walkable
63
TransitGood Transit
72
BikeVery Bikeable

Schools

Construction

Condition

  • Property condition: New Construction,Under Construction
  • New construction: Yes
  • Year built: 2025

Materials

  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Water Heater,Washer

Bedrooms & Bathrooms

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

Features

  • Breakfast Bar,Bathtub,Dual Sinks,Kitchen/Dining Combo,Living/Dining Room,Other,Soaking Tub,Separate Shower,Walk-In Closet(s),Bar
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,189 sqft

Property

Details

  • Lease amount: 0

Features

  • Pool features: Association
  • Exterior features: Outdoor Living Area
  • Has view: Yes
  • View description: Bay,Intercoastal,Water
  • Has water view: Yes
  • Water view: Bay,Intercoastal,Water
  • On waterfront: Yes
  • Waterfront features: Bayfront,Intracoastal Access,No Fixed Bridges

Parking

  • Total spaces: 2
  • Parking features: Deeded,Valet
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $19,467$233,604
Home Insurance *$338$4,056
Property Taxes $2,598$31,176
Electricity $320$3,851
Total$22,723$272,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$779,074/yr
40% on housing$681,690/yr
45% on housing$605,946/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

$1,207This listing

vs Other Active Listings

Avg $/sqft

ZIP 33137$883
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)

No zestimate history available

Price History

DateEventPrice
2026-04-08Price change$3,900,000
2025-12-04Price change$3,950,000
2025-08-22Listed for sale$4,100,000

New Construction

AgentRachel Berg
BrokerageDouglas Elliman

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