Atlantic Luxury Advisors
481 29th St #706 photo 1481 29th St #706 photo 2481 29th St #706 photo 3481 29th St #706 photo 4481 29th St #706 photo 5

26 photos

481 29th St #706

Miami, FL 33137

$495,000
2
2
836 sq ft
2018
1 car
Condominium
$1,286/mo
441
Active

Listing courtesy of South Beach Estates, LLC (Mara Boccolini). Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$4,797/mo
Principal and interest
$2,503
Property tax
$700
Homeowners insurance
$308
HOA
$1,286

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$8,394/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$1,286/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone C: ordered to evacuate for Category 2 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.