1737-1739 NW 47th Ter Miami, FL 33142
MULTI_FAMILY - Miami, FL
Property Features for 1737-1739 NW 47th Ter
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3
- Parking
- 4
- Standard status
- Active Under Contract
- APN
- 01-31-22-014-0440
- Size
- 1,375 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 17TH AVE MANOR PB 18-43 LOT 9 BLK 3 LOT SIZE 44.000 X 109 OR 21227-2626 042003 4
- Tax Annual Amount
- 7236
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Flooring type
- Laminate
- Building materials
- Block
- Roof type
- Shingle
Listing agent Belmis Montesino License #3243480 (305) 725-4185
Listing office Iconic Miami Realty 16523 SW 75th Terr, Miami, FL (305) 725-4185
Listing date Jul 10, 2026
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.
Located in Miami, in Miami-Dade County, the property is presented as a straightforward two-unit residential income asset with distinct unit configurations and existing rental income.
Key Highlights
- Duplex at 1737 NW 47th Ter with 2 units and 1957 build year
- Block construction with shingle roof; laminate flooring
- Central heating plus central air with ceiling fans
Local 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 | $42.1k | $30.60 |
| − Vacancy | −$2.7k | −$1.95 |
| EGI | $39.4k | $28.65 |
| − OpEx | −$11.8k | −$8.60 |
| NOI | $27.6k | $20.06 |
