NOT LISTED FOR SALE

481 NE 29th St Unit 703 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $471,910 - $550,000

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

Last Sold November 12, 2024

Last sale price $500,000 $627 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,473/month

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 Listed on: 07/20/2024

Last Buyer's Agent

Mara Boccolini

South Beach Estates, LLC Brokerage Email: maraboccolinire@gmail.com License #3106070 Listed on: 07/20/2024

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
  • Entry on the 7th floor
  • 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
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2024
Closed on
Nov 12, 2024
Sold by
Fiunstemberg Llc
Bought by
Ila Maris Llc
Seller's Agent
Mara Boccolini
South Beach Estates, LLC
Buyer's Agent
Mara Boccolini
South Beach Estates, LLC
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
17
Current Estimated Value
$509,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,978
Avg. Annual Appreciation
1.66%

Purchase Details

Closed on
Mar 4, 2022
Sold by
L & D Miami Re Llc
Bought by
Fiunstemberg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 2019
Sold by
Emilia Edgewater Llc
Bought by
L & D Miami Re 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
Ila Maris Llc $500,000 Home Partners Title Services
Ila Maris Llc $500,000 Home Partners Title Services
Fiunstemberg Llc $400,000 Sanchez Vadillo Llp
L & D Miami Re Llc $370,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fiunstemberg Llc $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2025 $7,835 $380,416 -- --
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

Agents Affiliated with this Home

  • Mara Boccolini

    Seller's Agent in 2024

    Mara Boccolini

    South Beach Estates, LLC

    (786) 269-1043

    9 in this area

    69 Total Sales

    Mara Boccolini
    Section Image

  • G

    Seller's Agent in 2015

    Guiseppe Nicastro

    MMLS Assoc.-Inactive Member

See All Agents

Map

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

Not Listed for Sale

Condos

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