Basic Information

  • MLS # RX-11061048
  • Type Condominiums
  • Status Active
  • Subdivision/Complex Shadowlawn Extension Sub
  • Year Built 1926
  • Total Sqft 4,120
  • Date Listed 02/10/2025
  • Days on Market 75
Description

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.

Exterior Features

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

Interior Features

  • Adjusted Sqft 4,120Sq.Ft
  • Cooling Description Central Air, Electric
  • Floor Description Other
  • Heating Description Central, Electric
  • Sqft 4,120 Sq.Ft

Property Features

  • Address 127 N W47th Terrace
  • Aprox. Lot Size 6,000
  • City Miami
  • Community Features Non Gated
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional
  • Lot Description Less Than Quarter Acre
  • Lot Features Less Than Quarter Acre
  • Patio And Porch Features Open, Porch
  • Pool Features None
  • Possession Closing And 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 $13,304
  • Tax Information S H A D O W L A W N E X T N P B5-105 L O T22 B L K4 L O T S I Z E50 X120 O R19700-00360520011 C O C22532-44320720041
  • Tax Year 2024
  • Terms Considered Cash, Conventional

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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