Renovated Six-Unit
For Sale
Contact for pricing
127 NW 47th Terrace, Miami, FL 33127
Six renovated units feature five 2-bedroom layouts and one 1-bedroom unit, with four 2/2 units furnished.
Property SizeContact for details
Days on Market124
Property Features for 127 NW 47th Terrace
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
6
Building Details
Tenancy
Multi
Listing Agency:
LoKation Real Estate
Listed By:
Alex Pappas · License #FL SL3261649
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 9:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LoKation Real Estate
Investment Insights
Based on property information with market context.
Renovated six-unit multifamily rental property with five 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Four of the 2/2 units are furnished, and the interiors have been freshly painted and updated. The building is being sold fully leased with new 12-month leases.
The property is located in close proximity to The Design District, Wynwood, and Midtown within the Buena Vista West submarket. The seller notes sidewalk access to nearby dining and the Design District, along with short ride times to Wynwood and Midtown.
Operationally, there is a common area washer/dryer with electric paid by the landlord. The remarks also indicate the potential to install stackable washer and dryers within units, and to increase the 1/1 unit to market rent.
The property is located in close proximity to The Design District, Wynwood, and Midtown within the Buena Vista West submarket. The seller notes sidewalk access to nearby dining and the Design District, along with short ride times to Wynwood and Midtown.
Operationally, there is a common area washer/dryer with electric paid by the landlord. The remarks also indicate the potential to install stackable washer and dryers within units, and to increase the 1/1 unit to market rent.
Key Highlights
- Renovated 6‑unit multifamily rental: five 2BD/1BA units and one 1BD/1BA unit
- Four 2BD/2BA units are furnished
- Property is fully leased with new 12‑month leases
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,756
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Six renovated units feature five 2-bedroom layouts and one 1-bedroom unit, with four 2/2 units furnished.
Where is this apartment building located?
The property is located at 127 NW 47th Terrace Miami, FL.
What are key features of this property?
This property features: Renovated 6‑unit multifamily rental: five 2BD/1BA units and one 1BD/1BA unit; Four 2BD/2BA units are furnished; Property is fully leased with new 12‑month leases
