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.
Property Details
Property Features
Property Information:
Architectural Style: Penthouse
Year Built: 2018
Living Area: 1,444 SqFt
Listing Office:
Office Name: South Beach Estates, LLC
Office Email: maraboccolinire@gmail.com
Listing Agent: Mara Boccolini
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Eneida Massas Hartner Elementary School
401 NW 29th St
Distance between this listing and this school0.92 miles
Public District Grades PK-5
Middle School
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.01 miles
Public District Grades 6-8
High School
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school1.66 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Eneida Massas Hartner Elementary School
401 NW 29th St
Distance between this listing and this school0.92 miles
Public District Grades PK-5
Nearby Schools
4
/10
Bridgeprep Academy of Greater Miami
137 NE 19th St
Distance between this listing and this school0.72 miles
Public Charter Grades KG-5
4
/10
Phyllis Wheatley Elementary School
1801 NW 1st Pl
Distance between this listing and this school1.02 miles
Public District Grades PK-5
Assigned Schools
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.01 miles
Public District Grades 6-8
Nearby Schools
3
/10
Aspira Eugenio Maria De Hostos Youth Leadership Charter School
1 NE 19th St
Distance between this listing and this school0.79 miles
Public Charter Grades 6-8
4
/10
Theodore R. and Thelma A. Gibson Charter School
1698 And 1682 Nw 4th Ave
Distance between this listing and this school1.30 miles
Public Charter Grades PK-8
Assigned Schools
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school1.66 miles
Public Magnet Grades 9-12
Nearby Schools
7
/10
Miami Arts Charter
3900 Biscayne Blvd
Distance between this listing and this school0.65 miles
Public Charter Grades 6-12
10
/10
Design & Architecture Senior High School
4001 NE 2nd Ave
Distance between this listing and this school0.68 miles
The neighbors living near this home have an average income of $42,014. Typical income of Miami, FL residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 481 NE 29th St Unit 703
What is the listing price of this property?
The listing price of 481 NE 29th St Unit 703 property is $560,000.
What type of property is this?
The property 481 NE 29th St Unit 703 is a condo located in Miami, Florida, 33137.
Is this property for sale now?
Active Listing: 481 NE 29th St Unit 703 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 481 NE 29th St Unit 703 are: Eneida Massas Hartner Elementary School: GreatSchools Rating 4/10Jose De Diego Middle School: GreatSchools Rating 1/10Booker T. Washington Senior High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $7,891 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 481 NE 29th St Unit 703 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 481 NE 29th St Unit 703 is 1,444 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 481 NE 29th St Unit 703 is 2018.
This home is located at 481 NE 29th St Unit 703 in Miami, FL and zip code 33137 in the Wynwood neighborhood. This 1,444 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 14, 2023 and is currently priced at $560,000.
Miami, FL housing market in March 2024 saw over 115 listings sold above listed price, more than 149 sold at listed price and over 619 sold below. Between February 2024 and March 2024, Miami, FL real estate market has seen increase in the number of listings by 9.1%. In March 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $540,091.
From Rocket Homes Real Estate and based on county public records data.