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$350,000

481 29th St #502, Miami, FL 33137

Bedrooms
1
Baths
1
Living area
641 ft²
Price per ft²
$546 / ft²
Type
Condo
Year built
2018
HOA
$840 / mo HOA
On market
15 days on market
MLS #
A12103677

Great investment opportunity! Spacious 1Bed/1Bath unit featuring 1 assigned parking space and a private balcony, located in the highly desirable Edgewater area (29th St). This well-maintained and fully furnished residence offers a bright, functional layout—perfect for immediate occupancy or rental income. Short-term rentals are allowed, including daily rentals, making this an excellent income-producing property. Prime location just minutes from Downtown Miami, Brickell, and Wynwood, with easy access to major highways, top dining, and entertainment. Easy to show. Text listing agent.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $546. The median for recorded sales in the same ZIP codes is $912/ft² — putting it 40% below the median.
  • Position in the area’s price distributionThe asking price is $350,000; the median of recorded sales in the area is $683,150 (1,634 sales). On raw price that is 49% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $840 per month comes to $10,080 a year — 2.9% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33132, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$105,000
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$1,696
Loan amount
$245,000
Total interest over the term
$365,679
Total repaid
$610,679

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

My Realty Group, LLC.

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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