127 NW 47th Terrace, Miami, FL 33127

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
#1#2#3
127 NW 47th Terrace,Miami, FL 33127
$1,690,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,120 sq. ft.
  • Multi-family
  • Active
Listed by:tinka ellington
Office:compass florida llc.
MLS#:R11061048
Source:RMLS

Price summary

  • Price:$1,690,000
  • Price per sq. ft.:$410.19

About this home

Great Investment opportunity with stable rent growth and cash flow. Located in close proximity to the Design District, Wynwood, and downtown Miami. The property has a new roof and consists of 6 individual units with a total of 11 bedrooms and 6 bathrooms. Included 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. Laundry is on premise. This property offers an opportunity to further increase cash flow through small improvements according to fair market value.

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Home facts

  • Year built:1926
  • Listing Id #:R11061048
  • Added:730 day(s) ago
  • Updated:August 13, 2025 at 02:48 PM

Rooms and interior

  • Living area:4,120 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Flat, Tile
  • Year built:1926
  • Building area:4,120 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,690,000
  • Price per sq. ft.:$410.19
  • Tax amount:$13,304 (2024)
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