
HUGE PRICE REDUCTION---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.

$3,245/mo
$70,000 down
Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.
Emilia Edgewater is a boutique seven-story condominium at 481 NE 29th Street in the Edgewater neighborhood of Miami, developed by Massimo Nicastro and designed by Revuelta Vega Leon. The building contains 30 residences across one- and two-bedroom floor plans ranging from 800 to 1,450 square feet. Emilia's residence count is small enough that no two floors carry identical layouts, and each unit includes Italian finishes, contemporary kitchens with stainless steel appliances, in-unit laundry, and private balconies oriented toward the Miami skyline or partial bay views. Cable and internet are bundled into the residential package, which is unusual at Emilia's scale, and the building's resale market has remained tighter than the surrounding 200- and 400-unit towers given the limited inventory. The 29th Street address sits one block off Biscayne Boulevard in the central Edgewater corridor, midway between the Margaret Pace Park bayfront and the Design District. The Design District's Hermès, Dior, and Louis Vuitton flagships are a five-minute drive north along NE 2nd Avenue, Wynwood's gallery row is a short ride west, and the Adrienne Arsht Center for the Performing Arts sits roughly a mile south. Residents reach Brickell and downtown Miami in about 10 minutes by car, and the MacArthur and Julia Tuttle causeways carry them onto Miami Beach in under 15 minutes. The block itself is residential in character, with newer mid-rises filling parcels that had been low-density for decades, and Midtown Miami's retail concentration sits five minutes north. Emilia Edgewater's amenity program is deliberately compact to match its 30-residence footprint. Residents have access to a rooftop lounge with skyline orientation, a private entry, covered parking, and a secured lobby. The Emilia building does not carry the resort-style pool deck of larger Edgewater towers, but the lower density translates into shorter elevator times, smaller HOA assessments, and a more residential feel than the 400- and 500-unit buildings two streets east. Emilia Edgewater permits leases of one year or longer, which has kept ownership weighted toward end-users rather than investor accounts. The two-bedroom inventory in particular has drawn buyers downsizing from single-family Coconut Grove and Coral Gables homes.
Floor plans and unit details are subject to change. Contact us for the most current information.
481 NE 29th St, Miami, FL, 33137