Basic Information

  • MLS # RX-10911891
  • Type Condominiums
  • Status Active
  • Subdivision/Complex Shadowlawn Extension Sub
  • Year Built 1926
  • Total Sqft 3,976
  • Date Listed 08/15/2023
  • Days on Market 257
Description

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.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Exterior Features Porch
  • Parking Spaces 0
  • Parking Description
  • Roof Description Flat,Tile

Interior Features

  • Adjusted Sqft 3,976
  • Cooling Description Central Air,Electric
  • Floor Description Vinyl
  • Heating Description Central,Electric
  • Sqft 3,976

Property Features

  • Address 127 NW 47th Terrace
  • Aprox. Lot Size 6,000
  • City Miami
  • Community Features Non-Gated
  • Construction Materials Block
  • County Miami-Dade County
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash,Conventional
  • Lot Description 14 Acre
  • Lot Features 14 Acre
  • Patio And Porch Features Open,Porch
  • Pool Features None
  • Possession Closing Funding
  • Postal City Miami
  • Public Survey Section Two
  • Public Survey Township 31
  • Roof Flat,Tile
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex Shadowlawn Extension Sub
  • Subdivision Info Shadowlawn Extension Sub
  • Tax Amount $9,043
  • Tax Information SHADOWLAWN EXTN PB 5-105 LOT 22 BLK 4 LOT SIZE 50 X 120 OR 19700-0036 05 2001 1 COC 22532-4432 07 2004 1
  • Tax Year 2022
  • Terms Considered Cash,Conventional
  • Year Built Details Resale

127 NW 47th Ter

Miami, FL 33127

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman. tel: (561) 245-2635

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