NOT LISTED FOR SALE

481 NE 29th St Unit 504 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $475,387 - $639,000

2 Beds
2 Baths
837 Sq Ft
2018 Built

Last Sold October 05, 2022

Last sale price $460,000 $550 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,432/month

83 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Furnished
  • 1 Car Attached Garage
  • Bay View
  • Balcony
  • High Impact Windows

About This Home

As of October 2022

INCREDIBLE OPPORTUNITY, IN EDGEWATER, GREAT INVESTMENT IN ONE OF THE MOST DESIRABLE AREA IN MIAMI. PRICES 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. WELL DIVIDED 2 BEDROOM 2 BATHROOM WITH BAY VIEW FROM BALCONY. 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

Brittany Marrero

Douglas Elliman License #3460360

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,395

Year Built

  • Built in 2018 | Newly Remodeled

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 837 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Bay Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 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

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

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-104-0180

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $642

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,395

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • 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: First Floor Entry, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 837
  • 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: Bay
  • Exterior Features: East Of Us1, Other, Open Balcony
  • 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, Elevator Secure, Other

Condo/Co-op/Association

  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-104-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5395

Multi Family

  • Maintenance Expense: 642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 30, 2022
Sold by
Miami Apoti Ensemble Llc
Bought by
Soare Anamaria Tolei and Porak Brett
Seller's Agent
Brad Johnson
Florida.Doc Inc
Buyer's Agent
Brittany Marrero
Douglas Elliman
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Views
12
Current Estimated Value
$528,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,597
Avg. Annual Appreciation
4.22%
Original Mortgage
$322,000
Outstanding Balance
$309,020
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$219,577

Purchase Details

Closed on
Feb 18, 2019
Sold by
Emilia Edgewater Llc
Bought by
Miami Apoti Ensemble Llc
Source: Public Records
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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
Soare Anamaria Tolei $460,000 --
Miami Apoti Ensemble Llc $340,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soare Anamaria Tolei $322,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2022 10/05/22 Sold $460,000 -3.2% $550 / Sq Ft
07/13/2022 07/13/22 For Sale $475,000 0.0% $568 / Sq Ft
09/15/2020 09/15/20 Rented $2,900 +16.0% --
09/06/2020 09/06/20 Under Contract -- -- --
08/03/2020 08/03/20 Price Changed $2,500 -5.7% $3 / Sq Ft
07/30/2020 07/30/20 Price Changed $2,650 -5.4% $3 / Sq Ft
07/20/2020 07/20/20 For Rent $2,800 -- --
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
2025 $7,519 $353,837 -- --
2024 $6,891 $368,720 -- --
2023 $6,891 $335,200 $0 $0
2022 $5,235 $253,935 $0 $0
2021 $5,395 $253,935 $0 $0
2020 $6,009 $282,150 $0 $0
2019 $6,340 $297,000 $0 $0
2018 $1,246 $59,466 $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: A11240536

MIAMI REALTORS® MLS

APN: 01-3230-104-0180

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