Aria Reserve #3503
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  • Walk-in closet
  • Unobstructed view
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For saleEdgewaterFloor 35 · City

#3503 · Aria Reserve

700 NE 23rd St, Miami, FL 33137

$663,000

$890/sqft · Asking

1

Beds

1

Baths

745

SqFt

// overview

1BR on the 35th floor · City exposure

745 sqft inside Aria Reserve, a 62-floor tower built in 2024. Aria Reserve is the tallest waterfront residential complex in the Northern Hemisphere on Biscayne Bay. DCH acquired an institutional block in pre-construction at 22% below list.

Bedrooms

1

Baths

1

SqFt

745

Floor

35

View

City

$/sqft

$890

DOM

85d

// numbers · investment analysis

Configure the deal

Editable assumptions. Defaults from this building's HOA, FL tax and insurance rates.

Cap rate

0.6%

NOI / price

Cash-on-cash

-19.9%

Annual / cash invested

$ / sqft

$890

Monthly cash flow

$-3,072

Negative

Loan amount$497,250
Down payment$165,750
Cash invested (incl. ~3% closing)$185,640

Monthly

P&I$3,392
Property tax$1,077
Insurance$133
HOA$685
Property mgmt$261
Vacancy reserve$130
Total monthly out$5,680
Expected rent$2,608
Monthly cash flow$-3,072

Reference estimates. Not a firm offer. DCH Team can coordinate pre-approval with local lenders.

// the building

Aria Reserve

Aria Reserve

Twin towers in pre-stabilization. DCH acquired an institutional block in pre-construction at a 22% discount to list. Active absorption phase.

Units
782
Built
2024
Strategy
Hold · STR
Avg rent
Proj $4,800 / mo
View full building report →
// location

700 NE 23rd St, Miami, FL 33137

Edgewater · Miami

We already operate inside Aria Reserve.

We know its rules, tenant profile and live comps. Talk to us before you buy — or list this unit with us if you own it.

Talk to DCH