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    New Construction Duplex Residence Title is generated by Realmo AI

    1895 NW 47th Ter, Miami, FL 33142

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    For Sale
    $799,000

    MULTI_FAMILY - Miami, FL

    Property size:
    2,300 SF
    Price / SF:
    $347/SF
    Added:
    Jun 22, 2026
    Days on Market:
    10
    Last Refresh:
    Jul 1 at 2:06 pm

    Property Features for 1895 NW 47th Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    6
    Rooms
    Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 6
    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 - Ceramic, Tile
    Building materials
    Block
    Roof type
    Shingle

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    Ivan Rabinovich
    Ivan Rabinovich

    Listing agent Ivan Rabinovich License #3276152

    Listing office Keller Williams Eagle Realty 700 NE 90 Street, Miami, FL

    Listing date Jun 22, 2026

    MLS# A12021307 Listing URL

    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.

    HighLights

    • New construction duplex (2026) with block construction and shingle roof
    • 2 separate 3‑bedroom/2‑bath units, each with its own tankless water heater and laundry closet
    • Impact windows and doors to help reduce insurance costs; central HVAC with central air
    • Tile (ceramic) flooring and modern finishes
    • Stainless steel appliances included
    • 2 parking spaces per unit; public sewer and central heating

    Overview

    A beautiful newly constructed duplex offering two separate 3-bedroom, 2-bath residences with modern finishes. Each unit includes its own tankless water heater and a dedicated laundry closet, along with new stainless steel appliances. Impact windows and doors are installed, designed to help reduce insurance risk. The property also provides two parking spaces per unit, supporting separate day-to-day use for either renters or an owner-occupant arrangement.

    Located in Miami-Dade County, the home is positioned in a central area with convenient access to Brickell, Downtown, Wynwood, and Miami Beach. The address is 1895 NW 47th Ter, Miami, FL 33142, placing it within minutes of multiple destinations.

    This configuration suits occupant buyers who want to live in one unit while renting the other, as well as investors looking to rent both sides. For occupant buyers, the listing notes eligibility to receive up to $7,500 in lender credits. With each unit having dedicated parking and in-unit laundry capability, the layout is designed for practical, low-friction occupancy. Realtors should schedule showings via ShowingTime.

    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 $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 (±1% cap)
    NOI $46,128 @ 7.0% cap · market cap 5.77%
    Second Best
    Apartment 5plus
    $607.0K
    $531.1K – $708.2K (±1% cap)
    NOI $42,489 @ 7.0% cap · market cap 5.32%
    Theoretical Best
    Specialty Retail
    $1.55M
    $1.36M – $1.81M (±1% cap)
    NOI $108,676 @ 7.0% cap · market cap 13.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.22829
    Latitude
    25.81869

    FAQs

    What type of property is this?
    Duplex - Two modern 3-bedroom, 2-bath units with impact windows, tankless water heaters, and dedicated parking.
    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 $799,000.
    What are key features of this property?
    This property features: New construction duplex (2026) with block construction and shingle roof; 2 separate 3‑bedroom/2‑bath units, each with its own tankless water heater and laundry closet; Impact windows and doors to help reduce insurance costs; central HVAC with central air
    More about this property
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