$500,000
SOLD NOV 12, 2024

481 NE 29th St Unit 703 Miami, FL 33137

Edgewater Neighborhood
2 Beds
2 Baths
798 Sq Ft
$1,172/mo HOA Fee

Recently Sold

$627 Per Sq Ft

5% Below List Price

114 Days on Market

Highlights

  • Intercom to Front Desk
  • Bay View
  • Community Spa
  • Penthouse
  • Furnished
  • High Impact Door

About This Home

As of November 2024

Airbnb Allowed. Investment opportunity! Private Roof top terrace with jacuzzi and BBQ. This property is sold fully furnished and equipped, making it ready for immediate use. Located in the desirable Edgewater neighborhood, it is just a few blocks away from popular areas such as Midtown, Brickell, Downtown, Wynwood and the beach. With this convenient location this property is likely to attract a steady stream of tourists and business travelers, ensuring a high occupancy rate. It is currently generating an approx ROI of 8% making it an attractive option for investors looking for a profitable short-term rental property in a prime location.

Last Agent to Sell the Property

Mara Boccolini

South Beach Estates, LLC Brokerage Email: maraboccolinire@gmail.com License #3106070

Last Buyer's Agent

Mara Boccolini

South Beach Estates, LLC Brokerage Email: maraboccolinire@gmail.com License #3106070

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,061

Year Built

  • Built in 2018

HOA Fees

  • $1,172 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 798 Sq Ft Home
  • Furnished
  • Ceramic Tile Flooring
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-104-0150

Community Details

Overview

  • Mid-Rise Condominium
  • Emilia Condo
  • Emilia Condo Subdivision
  • 7-Story Property

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Additional Features

  • Intercom to Front Desk
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,061

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,172 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: EMILIA CONDO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Attribution Contact: maraboccolinire@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 798
  • Possible Use: Unknown/Withheld
  • Stories: 7
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Other View
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Emilia Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 1172
  • Amenities: Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-104-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7061

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $500,000 -4.8% $627 / Sq Ft
07/20/2024 07/20/24 For Sale $525,000 +38.2% $658 / Sq Ft
06/01/2015 06/01/15 Sold $380,000 -2.6% $484 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
09/17/2014 09/17/14 For Sale $390,000 -- $497 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,061 $377,850 -- --
2023 $7,061 $343,500 $0 $0
2022 $6,874 $333,450 $0 $0
2021 $7,085 $333,450 $0 $0
2020 $7,891 $370,500 $0 $0
2019 $8,325 $390,000 $0 $0
2018 $1,900 $90,695 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $230,000 Seller Take Back
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $500,000 Home Partners Title Services
Warranty Deed $400,000 Sanchez Vadillo Llp
Special Warranty Deed $370,000 Attorney
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11627247

MIAMI REALTORS® MLS

APN: 01-3230-104-0150

Florida Miami/Dade County Miami 33137 Edgewater

481 NE 29th St Unit 703, Miami, FL

Homes for Sale in Miami, FL

This home is located at 481 NE 29th St Unit 703, Miami, FL 33137 and is currently priced at $500,000, approximately $626 per square foot. This property was built in 2018. 481 NE 29th St Unit 703 is a home located in Miami-Dade County with nearby schools including Eneida M. Hartner Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.