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481 NE 29th St #703, Miami, FL 33137
$560,000
481 NE 29th St #703, Miami, FL 33137View this property at 481 NE 29th St #703, Miami, FL 33137
481 NE 29th St #703MiamiFL33137
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Property Description
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.
Full Property Details
Full Property Details for 481 NE 29th St #703
General
- Price: $560,000
- HOA FEE: $1,172/month
- Taxes: $6,874 (2022)
- Status: Active
- Type: Condo
- MLS ID: A11452070
- Updated: 3/4/2024
- Added to Site: 239 day(s) ago
Interior
- Interior Features: Fire Sprinklers
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Other
Additional Information
- Shared Amenities: None
- Maint. Includes: Hot Water, Internet/WiFi
- Security/Safety: Fire Sprinklers, Smoke Detector, Intercom In Lobby
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Covered
Location
- Area: Emilia Condo
- County: Miami-Dade County
- Subdivision: EMILIA CONDO
- Building Name: Emilia Condo
Community
- Community Name: Emilia Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Penthouse
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Doors: High Impact Doors
- Entry Floor Number: 7
- Building Size: 1444
- Square Feet: 1,444
- Living Area: 1,444 Sq. Ft.
- Year Built: 2018
- Property Condition: New Construction
Lot Features
- Property View: Bay
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $387.81
- Association Fee: $1,172
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,874
- Tax Year: 2022
- Terms: All Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Legal Description: EMILIA CONDO UNIT 703 AKA 27 UNDIV 4.85% INT IN COMMON ELEMENTS OFF REC 30730-2537
- Restrictions: Daily Rentals Allowed
- Property ID: 01-32-30-104-0150
Listed by South Beach Estates, LLC
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Schools
Schools serving 481 NE 29th St #703
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
401 Nw 29th St, Miami, FL 33127 | PK-5 | 0.9 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 23.9 mi | |
3100 Nw 5th Ave, Miami, FL 33127 | 6-8 | 1 mi | |
1200 Nw 6th Ave, Miami, FL 33136 | 9-12 | 1.6 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 19 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 481 NE 29th St #703
Date
Details
Price
Change
Source
2/20/2024
Price Reduced
$560,000
-5.88%
MLS
11/29/2023
Price Reduced
$595,000
-4.8%
MLS
9/13/2023
Listed
$625,000
56.25%
MLS
3/04/2022
Sold
$400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 481 NE 29th St #703
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,061
—
$343,500
3%
2021
$7,085
3%
$333,450
—
2022
$6,874
-3%
$333,450
-10%
2021
$7,085
-15%
$370,500
-5%
2019
$8,325
338%
$390,000
330%
2018
$1,900
—
$90,695
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 481 NE 29th St #703
481 NE 29th St #703, Miami, FL 33137 (MLS# A11452070) is a Condo property with 2 bedrooms and 2 full bathrooms. 481 NE 29th St #703 is currently listed for $560,000 and was received on September 13, 2023. Want to learn more about 481 NE 29th St #703? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.