New Construction
1895 NW 47th Ter Miami, FL 33142
For Sale
$795,000
MULTI_FAMILY - Miami, FL
Property Size2,300 SF
Price / SF$345.65
Days on Market17
Property Features for 1895 NW 47th Ter
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Rooms
Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 1, Bathroom 4
Parking
4
Standard status
Active
APN
01-31-22-014-1155
Size
2,300 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
17TH AVE MANOR PB 18-43 LOT 28 BLK 6 LOT SIZE 45.660 X 109 FAU 01-3122-014-1150
Tax Annual Amount
3785
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
2
Flooring type
Tile, Tile - Ceramic
Building materials
Block
Roof type
Shingle
Listing Agency:
Keller Williams Eagle Realty
(305) 757-1700
Listed By:
Ivan Rabinovich · License #3276152
(305) 803-0894
Added: Jul 13
Changed: Jul 28
Last Checked: Jul 29 at 7:06AM
MLS# A12021307
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.
This new construction duplex includes two separate 3-bedroom, 2-bath units, each equipped with its own tankless water heater and a dedicated laundry closet. The units have modern finishes and come with new stainless steel appliances. Impact windows and doors are included to help reduce insurance costs, and each unit includes 2 parking spaces.
The property is located in Miami, within minutes of Brickell, Downtown, Wynwood, and Miami Beach, offering convenient access to multiple employment and entertainment areas.
Each unit is independently laid out as a full residence, supporting either a live-in-and-rent arrangement or renting both units, depending on the buyer’s preference.
The property is located in Miami, within minutes of Brickell, Downtown, Wynwood, and Miami Beach, offering convenient access to multiple employment and entertainment areas.
Each unit is independently laid out as a full residence, supporting either a live-in-and-rent arrangement or renting both units, depending on the buyer’s preference.
Key Highlights
- New construction duplex built in 2026 with two 3‑bedroom/2‑bathroom units
- Each unit includes a tankless water heater and a laundry closet
- Central heating and central air, with tile (ceramic) flooring
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 | $70.4k | $30.60 |
| − Vacancy | −$4.5k | −$1.95 |
| EGI | $65.9k | $28.65 |
| − OpEx | −$19.8k | −$8.60 |
| NOI | $46.1k | $20.06 |
2,300 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$659.0K
$576.6K – $768.8K
NOI $46,128 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$607.0K
$531.1K – $708.2K
NOI $42,489 @ 7.0% cap · market cap 5.34%
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,676 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two 3-bedroom, 2-bath units, each with tankless water heating and laundry closet.
Where is this duplex located?
The property is located at 1895 NW 47th Ter Miami, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: New construction duplex built in 2026 with two 3‑bedroom/2‑bathroom units; Each unit includes a tankless water heater and a laundry closet; Central heating and central air, with tile (ceramic) flooring
