by RH Advisors

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Miami 33137 Edgewater
481 NE 29th St #703
$560,000
↓ $35K (5.9%)
Condo - For Sale

481 NE 29th St #703

Miami, FL 33137
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1444 Sqft
$4,495
Estimated Monthly
$1,172
HOA / Fees
7.34%
Cap Rate

About This Property

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.
Unit Size
1,444Ft²
Days on Market
227 days
Land Size
-
Price per sqft
$388
Property Type
Condo
Property Taxes
$573
HOA Dues
$1,172
Year Built
-
Listed By
Mara Boccolini
South Beach Estates, LLC
Last updated: 2 months ago (Miami MLS #A11452070)

Price History

Date / Event Date Event Price
Feb 24, 2024 Price Decreased $560,000
↓ $35K (5.9%)
Price Decreased
Nov 30, 2023 Price Decreased $595,000
↓ $30K (4.8%)
Price Decreased
Sep 13, 2023 Listed by South Beach Estates, LLC $625,000
Listed by South Beach Estates, LLC

Property Highlights

Garage
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: 1 Space, Covered
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details

Bathroom Information

Full Bathrooms: 2

Bedroom Information

Bedrooms: 2
Bedroom Features: Other

Interior Information

Interior Features: Fire Sprinklers
Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Flooring Type: Ceramic Floor
Door Features: High Impact Doors

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,068 ft²
$506/ft²
$540,000 Aug 23, 2023
$540,000 Jan 10, 2024
$1,184/mo
Condo
2 Beds
2 Baths
944 ft²
$636/ft²
$600,000 Feb 3, 2023
$600,000 Nov 15, 2023
$1,808/mo
Condo
2 Beds
2 Baths
1,084 ft²
$581/ft²
$630,000 Sep 18, 2023
$630,000 Nov 28, 2023
$1,972/mo
Condo
2 Beds
2 Baths
1,060 ft²
$453/ft²
$480,000 Jan 10, 2024
$480,000 Mar 12, 2024
$1,140/mo
Condo
3 Beds
2 Baths
1,324 ft²
$468/ft²
$620,000 Jul 7, 2023
$620,000 Oct 16, 2023
$2,306/mo
Condo
1 Bed
2 Baths
996 ft²
$567/ft²
$565,000 May 30, 2023
$565,000 Dec 22, 2023
$1,668/mo
Condo
2 Beds
2 Baths
1,159 ft²
$500/ft²
$579,500 Jan 25, 2024
-
$2,400/mo
Condo
2 Beds
2 Baths
963 ft²
$576/ft²
$555,000 Dec 19, 2023
-
$1,269/mo
Condo
2 Beds
2 Baths
955 ft²
$607/ft²
$580,000 Oct 6, 2023
-
$1,231/mo
Condo
2 Beds
2 Baths
798 ft²
$675/ft²
$539,000 Jan 27, 2024
-
$1,228/mo
Condo
2 Beds
2 Baths
777 ft²
$694/ft²
$539,000 Feb 7, 2024
-
$1,217/mo
Condo
2 Beds
2 Baths
1,007 ft²
$566/ft²
$569,900 Dec 8, 2023
-
$1,618/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240216 Unit 402
02/16/2024
402
1 Bed
1 Bath
641 ft²
$299,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
641 ft²
$302,000 +1.00%
03/20/2024
-
Brad Johnson
Florida.Doc Inc
20221224 Unit 704
12/24/2022
704
2 Bed
2 Bath
837 ft²
$600,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
837 ft²
-
-
-
Eliad Cohen
Miami Realty Solution Group
20221224 Unit 701
12/24/2022
701
2 Bed
2 Bath
777 ft²
$600,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
777 ft²
-
-
-
Eliad Cohen
Miami Realty Solution Group
20220713 Unit 504
07/13/2022
504
2 Bed
2 Bath
837 ft²
$475,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
837 ft²
-
-
-
Brad Johnson
Florida.Doc Inc
20220713 Unit 501
07/13/2022
501
2 Bed
2 Bath
777 ft²
$450,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
777 ft²
-
-
-
Brad Johnson
Florida.Doc Inc
20220106 Unit PH704
01/06/2022
2 Bed
2 Bath
837 ft²
$475,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
837 ft²
-
-
-
Elisabetta Oriente
Plentium Realty
20200826 Unit 701
08/26/2020
701
2 Bed
2 Bath
1423 ft²
$399,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1423 ft²
-
-
-
Gabriela Laserna
Charles Rutenberg Realty Fort
20200218 Unit 302
02/18/2020
302
1 Bed
1 Bath
800 ft²
$278,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
800 ft²
-
-
-
Ana Mariela Gonzalez
Related ISG International Realty
20181022 Unit 606
10/22/2018
606
2 Bed
2 Bath
-
$410,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Ivan Resciniti
Keller Williams - Coral Gables-Coconut Grove
20180809 Unit 602
08/09/2018
602
1 Bed
1 Bath
641 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
641 ft²
-
-
-
-
20180705 Unit 706
07/05/2018
706
2 Bed
2 Bath
1200 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
Kathrin Rein
Keller Williams Miami Beach Realty
20180705 Unit 701
07/05/2018
701
1 Bed
1 Bath
642 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
642 ft²
-
-
-
Kathrin Rein
Keller Williams Miami Beach Realty

Building Info

481 Northeast 29th Street 481 Northeast 29th Street, Miami, FL 33137
  • 3 Units for Sale
More about this Building
481 Northeast 29th Street
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About Northern Miami


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