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Emilia Edgewater, 481 NE 29th St #703, Miami, FL 33137

595,000(-5.88% )
2Beds
2Baths
798SqFt

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Details

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Status:
OFF MARKET
Parking: 1
Size: 798 SqFt (74 m2)
Price: $702/SqFt ($7,554/m2)
Type: Condo
Built: 2018
HOA: $1,172/MO
MLS Number: A11452070
View: Bay
On Site: 769 Days
Updated: 470 Days ago
Page Views: 0
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.
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: SecurityHighImpactDoors
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: Other
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: CeramicTile
  • Year Built: 2018
  • Year Built Description: New Construction
  • Style: Penthouse
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2023-09-13T08:36:49.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: HotWater,Internet
    • Taxes: 6874
    • Security Information: Intercom, FireSprinklerSystem, SmokeDetectors
    • Parking Description: Covered,OneSpace
    • Total Floors in Building: 7

    Price History

    02/20/2024

    Date

    Price Reduced

    Event

    $560K

    Price

    -5.88%

    Change Rate

    $702 ft2 / $7,554 m2

    Price Per

    11/29/2023

    Date

    Price Reduced

    Event

    $595K

    Price

    -4.8%

    Change Rate

    $746 ft2 / $8,026 m2

    Price Per

    09/13/2023

    Date

    Listed

    Event

    $625K

    Price

    $783 ft2 / $8,430 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Mara BoccoliniSouth Beach Estates, LLC • Buyer Agency Compensation .

    Instant Comps

    $400/ft²
    $500/ft²
    $700/ft²
    $900/ft²
    $560K

    Unit #703 – $702/ft²

    (+23%) from Closed Avg.

    $455K

    Closed Avg. $570/ft²

    Community $/Price Range (Closed) $568/ft² – $627/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 6032/2798$514NortheastOther$410,0005/2/2025
    # 4032/2798$570NortheastOther$455,00012/2/2024
    # 7032/2798$627NortheastOther$500,00011/2/2024
    Unit: # 603
    Bed/Bath: 2/2
    Size SqFt: 798
    $/SqFt: $514
    Exposure: Northeast
    View: Other
    Sold: $410,000
    Closed Date: 5/2/2025
    Unit: # 403
    Bed/Bath: 2/2
    Size SqFt: 798
    $/SqFt: $570
    Exposure: Northeast
    View: Other
    Sold: $455,000
    Closed Date: 12/2/2024
    Unit: # 703
    Bed/Bath: 2/2
    Size SqFt: 798
    $/SqFt: $627
    Exposure: Northeast
    View: Other
    Sold: $500,000
    Closed Date: 11/2/2024
    THINKING OF SELLING IN Emilia Edgewater at Miami?

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