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1647 NW 29th Ave, Miami, FL, 33125

4beds
4baths
2,010sqft
$1,100,000
$547price/sqft
$7,831/moest. monthly cost
$313,240/yrincome needed

About This Home

Exceptional income-producing Fourplex offered as part of a portfolio sale (with two additional Fourplexes available). This particular property stands out with all units fully furnished and professionally decorated, featuring modern finishes and stylish touches throughout, truly turnkey for immediate rental income. Units are currently operating as active Airbnb rentals, providing strong short-term income potential. Unit mix includes: • One (1) 2 Bedroom / 1 Bathroom unit • Three (3) 1 Bedroom / 1 Bathroom units Located in the heart of Miami, just minutes from the highly anticipated Freedom Park, future home of major soccer events and a transformative mixed-use development, positioning this asset for strong appreciation and rental demand. Whether you're expanding your portfolio or entering the Miami investment market, this is an excellent opportunity to secure a cash-flowing property in a high-growth area. Seller is highly motivated and ready to make a deal. Don’t miss this great opportunity to invest in one of Miami’s most exciting corridors!

Getting Around

77
WalkingVery Walkable
45
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Completely Renovated
  • Year built: 1967

Materials

  • Roof: Shingle
  • Construction materials: CBS Construction,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Closet Cabinetry,Custom Mirrors,Pantry,Walk-In Closet(s)
  • Door features: High Impact Doors
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric,Wall Furnace
  • Cooling features: Ceiling Fan(s),Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,100
  • Total interior livable area: 2,010 sqft

Property

Details

  • Parcel number: 0131330150110
  • Zoning: 0104

Features

  • Stories: 1
  • Entry location: First Floor Entry
  • Pool features: R30-No Pool/No Water
  • Patio & porch: Patio
  • Exterior features: Lighting
  • Fencing: Fenced
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 5,500 sqft
  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 6
  • Parking features: Additional Spaces Available,Driveway,On Street
  • Covered spaces: 6
  • Has uncovered spaces: Yes
  • Carport spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$342$4,104
Property Taxes $1,725$20,700
Electricity $202$2,427
Total$7,831$93,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$268,491/yr
40% on housing$234,930/yr
45% on housing$208,826/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$547This listing

vs Other Active Listings

Avg $/sqft

ZIP 33125$396
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33125$346
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-24Listed for sale$1,100,000
2025-04-29Listing removed$950,000
2024-10-15Listed for sale$950,000
2022-04-01Listing removed--
2022-02-16Listed for rent$3,500
2021-03-18Sold$325,000
2021-02-24Pending sale$380,000
2021-01-08Listed for sale$380,000

For Sale by Agent

AgentOrlando Leon
BrokerageThe Keyes Company

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