Own Edgewater

Emilia

481 NE 29th St · Built 2018 · 7 floors · 30 residences

3 for sale
For sale
3
1 pending · 36.0 mo supply
Median asking
$480K
from $350K
Median $/sqft
$574/sqft
$538/sqft sold, 12 mo
Days on market
311
113 to sell · 1 in 12 mo

2 of 3 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Emilia
Listing photo · courtesy of South Beach Estates, LLC · MLS #A11823853

Emilia is a boutique 7-story building situated in the Edgewater neighborhood. The property is located near several key areas, including Wynwood, the Design District, Midtown, Brickell, and Downtown Miami, providing proximity to local dining and entertainment.

The building features a private rooftop terrace equipped with a jacuzzi and BBQ area. Units within the building offer private balconies with views of the bay.

Live near more of Miami

What surrounds Emilia: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Edgewater is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Margaret Pace ParkBiscayne BayThe UnderlineAdrienne Arsht CenterMetromover
65
/ 100
B+
own.miami Score

A data-grounded score for Emilia from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value89
$574/sqft — vs. Edgewater condos, then all of Miami
Momentum50
Recent price trend
Liquidity7
36.0 months of supply · 311 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront55
Not waterfront
Age82
Built 2018 — vs. Edgewater buildings
own.miami Condo Index
83Value100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#491 of 698 tracked Miami condos
Top 70% by price per sq ft
#22 of 36 in Edgewater
Momentum
→ Steady
$574/sqft median ask
Liquidity
Slow
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Emilia; bars are closings per month.

$432$549$665Mar 2024Dec 2024Jun 2025Apr 2026Oct 2026

Location

Nearby buildings within half a mile.

Building facts

Address
481 NE 29th St
Year built
2018
Floors
7
Residences
30
Developer
Massimo Nicastro
Waterfront
No

Amenities

  • · Rooftop Terrace
  • · Jacuzzi
  • · BBQ

Building rules

Parking
The building offers assigned covered parking spaces.

Special assessments & recertification outlook

Clear

Public records checked Oct 29, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 2018 — its first 25-year structural milestone inspection is due around 2043

Estimated from Emilia’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Emilia: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

47Limited financing
Mortgages recorded, 12 months
1
1 from banks and credit unions · purchases and refinances
Sales bank-financed
—
1 recorded sales, 12 months · Resales only
Average down payment
33.3%
Lowest down payment accepted
25%
Loan programmes, 24 months:Conventional 1

Medium confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Edgewater

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 9.0 ft (NGVD29).
Hurricane evacuation zone
Zone C
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
3.8 ft
Lowest nearby street
2.5 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.5 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Emilia cost?+

There are 3 condos for sale at Emilia, from $350,000, with a median asking price of $480,000 ($574/sqft).

How much are the HOA fees at Emilia?+

HOA / maintenance fees at Emilia run around $904 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

When was Emilia built?+

Emilia was built in 2018, 7 stories, 30 residences.

Who developed Emilia?+

Emilia was developed by Massimo Nicastro.

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