$45,000 /mo

700 NE 24th St #Penthouse 5902Miami, FL 33137

Elevated waterfront living at Aria Reserve Miami,

4 bd
6 ba
3,000 sqft

Condo

Marko Gojanovic

ONE Sotheby's International Realty

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About this home

Experience elevated waterfront living at Aria Reserve Miami, Edgewater’s most coveted new address. This exquisitely furnished 5-bedroom, 5.5-bath residence showcases expansive floor-to-ceiling glass, refined contemporary finishes, and private terraces capturing breathtaking panoramic views of Biscayne Bay, Downtown Miami, and Miami Beach. Indulge in over two acres of curated, resort-style amenities designed for a world-class lifestyle—multiple pools, a full-service wellness spa, state-of-the-art fitness pavilion, elegant wine lounge, children’s and game rooms, and a dedicated dog spa. Outdoor offerings include tennis, basketball, pickleball, paddleball, mini golf, and exclusive private marina access. A rare opportunity to lease a signature residence where luxury, lifestyle, and location converge seamlessly.

PoolSpa / Hot TubBayfrontGymChef's Kitchen

Facts & features

Property type: Condo
Beds: 4
Baths: 6
Half baths: 1
Living area: 3,000 sqft
Year built: 2025
Garage spaces: 3

Rent & budget

Fits a household income of about

$1,800,000a year

By the usual guideline, rent takes no more than 30% of income before tax. Add yours to see how this rent fits.

Household income, yearly

Rent or buy

This rent would cover the monthly payment on a home around $6,693,000, with $1,338,600 down and taxes and insurance included. The median home in Miami sold for $649,570 in Aug 2026.

How long you'd stay

Over 7 years, buying a $6,693,000 home would cost about $589,000 less than renting. Buying costs less once you stay 5 years or more.

Estimated total cost over 7 years

Renting: $4,138,000
Buying, after selling: $3,549,000

Home price

Down payment

Buying counts the cash you put in, the loan payments, taxes, insurance and upkeep, less what you'd keep from selling after paying off the loan. Assumes a 30-year loan at 7.28%, home values rising 3% and rents 3% a year, 1% of the home's value a year for upkeep, 3% to buy and 6% to sell, and that cash put into buying would otherwise earn 4% a year.

Guidelines only. The landlord decides what it takes to qualify. Consult a real estate professional and/or a financial advisor before making decisions.