NOT LISTED FOR SALE

481 NE 29th St Unit 501 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $433,000 - $500,000

2 Beds
2 Baths
777 Sq Ft
2018 Built

Last Sold September 06, 2022

Last sale price $440,000 $566 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,150/month

48 Days on Market

Highlights

  • Newly Remodeled
  • Balcony
  • High Impact Windows
  • Furnished
  • 1 Car Attached Garage
  • Views

About This Home

As of September 2022

INCREDIBLE OPPORTUNITY, IN EDGEWATER, VERY LOW MAINTENANCE FEES, GREAT INVESTMENT IN ONE OF THE MOST DESIRABLE AREA IN MIAMI. VALUES WILL INCREASE A LOT BECAUSE THE ENTIRE AREA IS SUBJECT TO AN INCREDIBLE DEVELOPMENT. CLOSE TO MIDTOWN SHOPS AND DESIGN DISTRICT, TO WYNWOOD AND DOWNTOWN, THE LOCATION IS STRATEGIC, PEOPLE WILL LOVE THE PLACE! GREAT TO LIVE IN OR FOR INVESTMENT, NO LEASE RESTRICTIONS BY THE CONDO OR THE CITY, PROFIT EXPECTED HIGHER THAN 8% NET A YEAR. AIRBNB FRIENDLY.

Last Agent to Sell the Property

Brad Johnson

Florida.Doc Inc License #3255636 Listed on: 07/13/2022

Co-Listed By

Cristina Cesana

Florida.Doc Inc License #3282574

Last Buyer's Agent

Justino Ferret

United Realty Group Inc License #3353716

United Realty Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,723

Year Built

  • Built in 2018 | Newly Remodeled

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 777 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • No Heating
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • South Facing Home
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-104-0030

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Emilia Condo
  • Emilia Condo Subdivision
  • 7-Story Property

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Additional Features

  • Maintenance Expense $604
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,723

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: FLDC01
  • Co List Office Phone: 786-514-8150
  • Entry Level: 5
  • 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: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Elevator, Fire Sprinklers
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 777
  • Possible Use: Investment
  • Stories: 7
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Open Balcony, Other
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: EMILIA CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: None
  • Heating Yn: No
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Card Entry

Condo/Co-op/Association

  • Amenities: Elevator(s), None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-104-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 604

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 2, 2022
Sold by
Miami Apoti Ensemble Llc
Bought by
Leon Paciencia Llc
Seller's Agent
Brad Johnson
Florida.Doc Inc
Buyer's Agent
Justino Ferret
United Realty Group Inc
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
3
Current Estimated Value
$467,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,601
Avg. Annual Appreciation
2.11%

Purchase Details

Closed on
Feb 18, 2019
Sold by
Emilia Edgewater Llc
Bought by
Miami Apoti Ensemble Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leon Paciencia Llc $440,000 --
Miami Apoti Ensemble Llc $305,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $440,000 -2.2% $566 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $450,000 -- $579 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $7,228 $353,363 -- --
2024 $6,490 $347,270 -- --
2023 $6,490 $315,700 $0 $0
2022 $4,583 $222,300 $0 $0
2021 $4,723 $222,300 $0 $0
2020 $5,261 $247,000 $0 $0
2019 $5,550 $260,000 $0 $0
2018 $1,159 $55,352 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11240519

MIAMI REALTORS® MLS

APN: 01-3230-104-0030