481 NE 29th St # 604, Miami FL 33137, MIAMI, FL, 33137
Active161 days on marketListed Mar 5, 2026MLS #A11977005
About this home
481 NE 29th St # 604, Miami FL 33137
Airbnb condo! Experience the ultimate flexibility at the Emilia, one of Edgewater’s most coveted boutique buildings. This 2-bedroom, 2-bathroom residence is a dream for the savvy investor, offered fully furnished and ready for immediate short-term rental operation. Situated in a private 7-story building with no rental restrictions, this unit features a sleek, modern kitchen with premium Italian finishes and contemporary bathrooms. Step outside to a deep balcony where glimpses of the bay provide a picturesque backdrop for sunset cocktails. With its prime location just minutes from Wynwood, the Design District, and Miami Beach, this turnkey gem is perfectly positioned for high occupancy and seamless management.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
837
Sqft
1
Garage
2018
Year built
$568
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,548 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,548/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−34.3%
$/sqft vs Miami actives
$568 vs $511
Days on market
161 vs 66 typical
Where $568/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Edgewater
Get to know Miami. See the full Miami guide →
Edgewater — neighborhood snapshot
Population
19,496
Median age
35
Median income
$117,257
Median home value
$420,344
Avg household
2
Households w/ children
1,579
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1% above the MIAMI 33137 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 481 NE 29th St # 604
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$259,900
555 NE 15th St # 26K, Miami FL 33132
1 bd · 1.5 ba · 840 sqft · $309/sqft · 167 DOM
Sold · Dec ’25$290,000
555 NE 15th St # 28J, Miami FL 33132
1 bd · 1.5 ba · 840 sqft · $345/sqft · 240 DOM
Sold · Dec ’25$315,000
555 NE 15th St # 16J, Miami FL 33132
1 bd · 1.5 ba · 840 sqft · $375/sqft · 438 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Angela Rodriguez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 481 NE 29th St # 604 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 481 NE 29th St # 604 — before you fall in love.
See it in person
Schedule a tour
Live availability from Angela's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
481 NE 29th St # 604 FAQs
What would the monthly payment be for 481 NE 29th St # 604, Miami FL 33137?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,548/mo — principal and interest, the actual property-tax bill, the $798/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 481 NE 29th St # 604, Miami FL 33137?+
The association fee works out to $798 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 481 NE 29th St # 604, Miami FL 33137?+
The most recent tax bill on record (2025) was $6,999. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 481 NE 29th St # 604, Miami FL 33137?+
The listing reports pets: Maximum 20 Lbs. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $475,000, this home is listed about 22% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 481 NE 29th St # 604, Miami FL 33137?+
Eneida M. Hartner Elementary School (elementary), Jose De Diego Middle School (middle), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Bay views
The bay view is part of what you're buying — views hold value independently of the structure.
02Know the monthly fee
The association fee is $798/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
03Time on market is leverage
161 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $495,000, now $475,000 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Coldwell Banker Realty · Luis Garcia. MLS #A11977005.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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