Renovated Duplex with Separate
New
For Sale
$1,099,999
171 NW 47th St, Miami, FL 33127
MULTI_FAMILY - Miami, FL
Property Size1,540 SF
Lot Size0.11 Acres
Price / SF$714.29
Days on Market3
Property Features for 171 NW 47th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
0104
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4
Parking
4
Security features
Security
Window features
Blinds
Patio and Porch features
Patio
Exterior features
Barbecue, Fence, Security/High Impact Doors, Lighting, Patio, Shed
Fencing
Fenced
Subdivision
SHADOWLAWN EXTENSION SUB
Lot features
Rectangular Lot, < 1/4 Acre
Standard status
Active
APN
01-31-24-016-1080
Size
1,540 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SHADOWLAWN EXTN PB 5-105 LOT 15 BLK 7 LOT SIZE SITE VALUE OR 10671-1048 0280 1 COC 25263-0600 25670-2523 1206 1
Tax Annual Amount
16109
Legal Description
SHADOWLAWN EXTN PB 5-105 LOT 15 BLK 7 LOT SIZE SITE VALUE OR 10671-1048 0280 1 COC 25263-0600 25670-2523 1206 1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
Italian flooring
custom millwork and built-ins
spa shower
high-end appliances
outdoor lounge and dining area
landscaped oasis
Building Details
Year built
1980
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Joshua Jankelow · License #3568304
(312) 607-2113
Added: Jul 30
Last Checked: Aug 1 at 1:06AM
MLS# A12062218
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A renovated duplex offering two private units, each with separate entrances. The property features tile flooring, central heating, and central air conditioning, with additional wall/window unit cooling. The layout includes two bedrooms and one bathroom per unit, and the home is supported by block construction with a shingle roof.
Completed as a full ground-up renovation in 2022, improvements also include outdoor features such as a patio, fenced perimeter, and exterior lighting, plus a backyard shed. The listing notes a landscaped rear area with an outdoor lounge and dining area, described as a private retreat.
Two-unit flexibility supports multiple living and operating styles, including occupying one unit while renting the other. The property includes public utilities with public water and public sewer service, and cable is available. It is on a 5,000 SF lot and is described as deliverable vacant.
Completed as a full ground-up renovation in 2022, improvements also include outdoor features such as a patio, fenced perimeter, and exterior lighting, plus a backyard shed. The listing notes a landscaped rear area with an outdoor lounge and dining area, described as a private retreat.
Two-unit flexibility supports multiple living and operating styles, including occupying one unit while renting the other. The property includes public utilities with public water and public sewer service, and cable is available. It is on a 5,000 SF lot and is described as deliverable vacant.
Key Highlights
- Full ground‑up renovation completed in 2022
- Two private units with separate entrances
- Two 2BR/1BA units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.1k | $30.60 |
| − Vacancy | −$3.0k | −$1.95 |
| EGI | $44.1k | $28.65 |
| − OpEx | −$13.2k | −$8.60 |
| NOI | $30.9k | $20.06 |
1,540 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$441.2K
$386.1K – $514.8K
NOI $30,886 @ 7.0% cap · market cap 2.81%
Second Best
Apartment 5plus
$406.4K
$355.6K – $474.2K
NOI $28,449 @ 7.0% cap · market cap 2.59%
Theoretical Best
Specialty Retail
$1.04M
$909.6K – $1.21M
NOI $72,766 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated two-unit duplex with separate entrances and central HVAC, featuring tiled floors and a private patio.
Where is this duplex located?
The property is located at 171 NW 47th St Miami, FL.
What is the asking price?
The asking price for this property is $1,099,999.
What are key features of this property?
This property features: Full ground‑up renovation completed in 2022; Two private units with separate entrances; Two 2BR/1BA units
