Emilia Unit 703 Sold
Property Details
| Sold Price | $500,000 |
|---|---|
| Last Asking Price | $525,000 |
| Price per SqFt | $627 |
| Maintenance Fee | $1,172 Monthly |
| Property Taxes | $7,061 2023 |
| Interior Space | 798 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 2018 |
| Closed Date | 11/12/2024 |
| MLS # | A11627247 |
Location
From the listing
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.
Listed by South Beach Estates, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,172 a month; taxes $7,061 for 2023. MLS figures, which may not be accurate.
Sales History for This Unit · Emilia Unit 703
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A2007134 | $380,000 | 6/1/15 |
| A1836298 | $2,300,000 | 6/27/14 |
What Other Units Have Been Selling For at Emilia
1 unit sold at Emilia in the last 12 months at an average of $538/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 604 | $450,000$538/SqFt | 95% | 8/18/26 |
| 606 | $475,000$568/SqFt | 98% | 7/18/25 |
| 601 | $455,000$586/SqFt | 97% | 6/17/25 |
| 403 | $455,000$570/SqFt | 96% | 12/20/24 |
| 504 | $460,000$550/SqFt | 97% | 10/5/22 |
| 501 | $440,000$566/SqFt | 98% | 9/6/22 |
| 306 | $360,000$431/SqFt | 93% | 9/29/21 |
| 605 | $369,500$387/SqFt | 100% | 7/30/21 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by South Beach Estates, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
Ask Mark About This Listing
Emilia Unit 703, 481 NE 29 St · MLS A11627247 · Sold Nov 2024
Mark sent you this link
Your message goes to Mark Zilbert
Having issues or do you need technical help? Use this form instead: CLICK HERE
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Emilia
At Emilia, 5 units are for sale and 1 sold in the last 12 months at an average of $538 per SqFt. Unit 703 sold at $627 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.