Five-Unit Studio Apartment
For Sale
$1,100,000
98 NW 47th Ave, Miami, FL 33126
T4-L zoning supports short-term rental operations in a compact studio apartment property.
Property SizeContact for details
Days on Market510
Property Features for 98 NW 47th Ave
General Information
Standard status
Active
Zoning
T4-L
Units
Unit Mix
5 x studio
Multifamily Units
5
Additional Details
Highway Access
Yes
Building Details
Year Built
1953
Buildings
1
Listed By:
Daniel Garcia · License #SL3414557
(305) 972-4884
Source:
Expcommercial
Added: Apr 14, 2025
Changed: Sep 4
Last Checked: Sep 4 at 2:06AM
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 Daniel Garcia
Investment Insights
Based on property information with market context.
This apartment property contains five studio units in a building constructed in 1953. The compact unit count offers a manageable multifamily configuration, while T4-L zoning supports short-term rental operations.
The property is located at 98 NW 47th Ave in Miami’s Flagami neighborhood, 2.4 miles from Miami International Airport. Access to SR 836 provides connections toward Downtown, Brickell, and Wynwood. The location and zoning create flexibility for an owner evaluating conventional multifamily use alongside short-term rental operations.
The property is located at 98 NW 47th Ave in Miami’s Flagami neighborhood, 2.4 miles from Miami International Airport. Access to SR 836 provides connections toward Downtown, Brickell, and Wynwood. The location and zoning create flexibility for an owner evaluating conventional multifamily use alongside short-term rental operations.
Key Highlights
- Five‑unit apartment building with studio layouts
- Built in 1953
- T4‑L zoning supports short‑term rental operations
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,345
Businesses Nearby
Explore this area
Business Placement
Demographics for 33126, FL
48,751
Population
19,725
Households
2.5
Avg Household Size
44
Median Age
28%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
9,028
Density / Sq Mi
$55,722
Median Household Income
$32,607
Median Earnings
$1,651
Median Rent
$299,800
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?
Apartment building - T4-L zoning supports short-term rental operations in a compact studio apartment property.
Where is this apartment building located?
The property is located at 98 NW 47th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Five‑unit apartment building with studio layouts; Built in 1953; T4‑L zoning supports short‑term rental operations
