Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
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33 photos

481 29th St #702

Miami, FL 33137

$385,000
1
1
641 sq ft
2018
1 car
Condominium
$1,328/mo
177
Active Under Contract

Listing courtesy of Luxe Properties (Maria Gessic Sforza). Contact: [email protected].

About this home

NO RENTAL RESTRICTIONS - exceptional investment opportunity! This is the ultimate Airbnb-ready gem in the heart of Edgewater. Daily short-term rentals allowed year-round, making it ideal for income or flexible use. Features a private rooftop terrace that enhances guest appeal and value. Prime Edgewater location just minutes from Midtown, Wynwood, Brickell, Downtown, and the beach. Strong demand area with excellent income performance. 1 Assigned Parking.

What it costs to own
Estimated monthly payment
$4,047/mo
Principal and interest
$1,947
Property tax
$530
Homeowners insurance
$242
HOA
$1,328

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
$6,360/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
$1,328/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.