Two-Bedroom Residential
New
For Sale
Contact for pricing
174 NE 47th St #101 Unit 101, Miami, FL 33137
The vacant, unfurnished residence includes an in-unit washer and dryer.
Property Size700 SF
Price / SF$3.11
Days on Market5
Property Features for 174 NE 47th St #101 Unit 101
General Information
Standard status
Active
Size
700 SF
Property subtype
Multi-Unit
Units
Unit Mix
2BR/1BA
Multifamily Units
1
Additional Details
Furnished
No
Highway Access
Yes
Amenities
in-unit washer and dryer
Lot Size Square Feet: 4950
Percentage of Tax that is Deductable: 0
Other Heating
Rental, Sale Type: Foreclosure, Availability Date: 2026-10-16
2 Bedrooms
2 Stories, Built in 1926, Community Laundry, Community Pets Allowed
Subdivision Name: Shadowlawn
Above Area Square Feet: 700
One Full Bath
Oven, Refrigerator
Building Details
Year Built
1926
Listing Agency:
Compass Florida, LLC
Listed By:
Sabrina Sajous · License #3546480
(305) 851-2820
Source:
Doyle-realty
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:12PM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
This Miami residence offers two bedrooms, one bathroom, and approximately 700 square feet of living space. An in-unit washer and dryer are included. The unit is vacant and unfurnished. The property was built in 1926 and is located at 174 NE 47th St, Unit 101.
Key Highlights
- Two bedrooms and one bathroom
- Approximately 700 SF
- In‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,931
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,620
$258.6K
Cap Rate 7%
$184,729
$184.7K
Cap Rate 9%
$143,678
$143.7K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$25.2K $36.00/SF
− Vacancy
−$1.7K −$2.41/SF
EGI
$23.5K $33.59/SF
− OpEx
−$10.6K −$15.11/SF
NOI
$12.9K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,620
Cap Rate 7%
$184,729
Cap Rate 9%
$143,678
Alternative Uses
Best Use
Apartment 5plus
$184.7K
$161.6K – $215.5K
NOI $12,931 @ 7.0% cap · market cap 594.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$472.5K
$413.4K – $551.3K
NOI $33,075 @ 7.0% cap · market cap 1,520.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,388
Businesses Nearby
Explore this area
Business Placement
Demographics for 33137, FL
25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The vacant, unfurnished residence includes an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 174 NE 47th St #101 Unit 101 Miami, FL.
What are key features of this property?
This property features: Two bedrooms and one bathroom; Approximately 700 SF; In‑unit washer and dryer
