Closed

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

525,000(-4.76% )
$500,000Price
2Beds
2Baths
798SqFt

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Details

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Status:
Sold - Nov 12, 2024
Parking: 1
Size: 798 SqFt (74 m2)
Price: $627/SqFt ($6,744/m2)
Type: Condo
Built: 2018
HOA: $1,172/MO
MLS Number: A11627247
View: Bay,Other
On Site: 375 Days
Updated: 258 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: Barbecue, SecurityHighImpactDoors, Patio
  • View: Bay,Other
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: Effective Year Built
  • Style: HighRise,Penthouse
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2024-07-20T10:20:44.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Sewer,Trash,Water
    • Taxes: 7061
    • Security Information: Intercom
    • Parking Description: Assigned
    • Total Floors in Building: 7

    Price History

    11/12/2024

    Date

    Sold

    Event

    $500K

    Price

    -4.76%

    Change Rate

    $627 ft2 / $6,744 m2

    Price Per

    07/20/2024

    Date

    Listed

    Event

    $525K

    Price

    $658 ft2 / $7,082 m2

    Price Per

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

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

    Instant Comps

    $400/ft²
    $500/ft²
    $600/ft²
    $800/ft²

    Unit #703 – Asking

    $627/ft²

    (+10%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $570/ft²
    Community $/Price Range (Closed) $568/ft² – $627/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 4032/2798$570NortheastOther$455,00012/20/2024
    Unit: # 403
    Bed/Bath: 2/2Size SqFt: 798$/SqFt: $570Exposure: NortheastView: OtherSold: $455,000Closed Date: 12/20/2024
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