Overview

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  • Status: Active
  • Bed(s) 4
  • Bath(s) 2
  • Half Bath(s) 0
  • Parking No info
  • Size: 6,000 ft2/557.42 m2
  • Price Per: $281.67 ft2/$3,031.84 m2
  • Type: Multifamily
  • Built: 1926
  • HOA: No info
  • MLS Number: RX-10911891
  • View No info
  • On Site: 256 days
  • Updated: 204 Days Ago
  • Page Views: 0

Great Investment opportunity with stable rent growth and cash flow. Located in close proximity to the Design District, Wynwood, and downtown Miami. In total the property consists of 6 individual units with a total of 11 bedrooms and 6 bathrooms. Included is a one story single family home which was subdivided into a 2 bedrooms, 1 bath apartment and an additional 1 bedroom, 1 bath apartment. Two separate 2 -story buildings in the back of the property consist of another 4 apartments, each having 2 bedrooms and 1 full bath. All units are secured with current tenants and an average monthly rent of $2,200. Laundry is on premiss. This property offers an opportunity to increase cash flow even further, through small improvements according to fair market value.

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Price History

DateEventPriceChange RatePrice Per
08/15/2023Listed$1,690,000.00$281.67 ft2/$3,031.84 m2

Features

Property Details for 127 NW 47th, Miami, FL 33127

Shadowlawn, Multifamily current status is Active, 127 NW 47th is a Multifamily in , Miami, FL 33127 with property MLS ID# RX-10911891. This 6000square foot Multifamily sits on a 3976 square foot lot and features 4 bedrooms and 2 bathrooms. This Multifamily has been listed on Best of Luxury Realty since August 16, 2023 and is currently priced at 1,690,000. This property was built in 1926.
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Miami, FL Nearby Cities

Wynwood
26 listings
$200,000 - $3,000,000
Edgewater
186 listings
$299,900 - $6,500,000
Design District
3 listings
$1,199,000 - $4,000,000
Brickell Key
59 listings
$345,000 - $7,650,000
Brickell
522 listings
$294,999 - $59,000,000
Upper Eastside
62 listings
$166,000 - $45,000,000

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Buyer/Tenant Etiquette
Tracey Schmitt
Tracey Schmitt, Broker
Best of Luxury Realty
Phone: (305) 407-1657

Tracey Schmitt is the principal Broker for Best of Luxury Realty, a boutique real estate brokerage, serving Miami-Dade, Broward & Palm Beach counties. Her motto is "100% Loyalty, 100% of the Time!" Tracey and her team of real estate professionals are ready to assist whether you are looking to Buy or to Sell, we would like to earn your business!

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This property is courtesy of the Douglas Elliman. This listing has been viewed 0 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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