Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 836 sq ft
- Flooring
- Tile
- Appliances
- Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Other
Active · Condominium
$480,000
481 NE 29th St 706, Miami, FL 33137
- Beds
- 2
- Baths
- 2
- Living area
- 836 sq ft
- $ / sq ft
- $574/sq ft
- Year built
- 2018
- Lot size
- —
- HOA fee
- $1,286 Monthly
- Annual tax
- $7,935
About this property
Investment Opportunity: Airbnb Allowed! Private Rooftop Terrace with/Jacuzzi and BBQ – This prime property, located in the sought-after Edgewater neighborhood, offers a rare investment opportunity. Just blocks away from key areas like Midtown, Brickell, Downtown, Wynwood, and the beach, it promises a high demand from both tourists and business travelers, ensuring a strong occupancy rate. With its private rooftop terrace, it offers a unique feature that can attract premium guests on platforms like Airbnb. The combination of location, amenities, and Airbnb-friendly policies makes this property an excellent choice for generating consistent rental income.
Property location
Get Directions481 NE 29th St 706, Miami, FL 33137
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2018
- Stories
- 7
- Architectural style
- Penthouse
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Balcony, Barbecue, Deck, Security High Impact Doors
- View
- Bay, Water
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $1,286 Monthly
- Fee inclusions
- Cable Tv, Internet, Sewer, Trash, Water
- Amenities
- Barbecue, Picnic Area
- Security
- Key Card Entry, Fire Sprinkler System
- Pets allowed
- Conditional, Yes
- Annual tax
- $7,935
- Subdivision
- EMILIA CONDO
- County
- Miami-Dade
- Days on market
- 490
- MLS listing ID
- A11823853
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,960
- Cap rate
- 0.8%
- Net yield
- 0.8%
- Cash-on-cash return
- -17.5%
- Gross yield
- 7.1%
- Mortgage payment
- $2,275/mo
- Down payment
- $120,000
- Loan amount
- $360,000
- Annual NOI
- $3,783
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.