Renovated Two-Unit
For Sale
$649,998
2729 NW 47th St, Miami, FL 33142
Residential Income, Miami, FL
Property Size1,485 SF
Price / SF$437.71
Days on Market92
Property Features for 2729 NW 47th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Parking
5
Subdivision
AMD PL OF BROWNS SUB
Lot features
1/4 to 1/2 Acre Lot, < 1/4 Acre
Standard status
Active
APN
30-31-21-023-0550
Size
1,485 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
21 53 41 AMD PL OF BROWNS SUB PB 5-98 LOT 22 BLK 2 LOT SIZE 50.000 X 152 OR 17714-1258 0797 1 COC 25095-0956 01 2006 5
Tax Annual Amount
8484
Legal Description
21 53 41 AMD PL OF BROWNS SUB PB 5-98 LOT 22 BLK 2 LOT SIZE 50.000 X 152 OR 17714-1258 0797 1 COC 25095-0956 01 2006 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas
Cooling system
Central Air
Amenities
spacious backyard
Building Details
Year built
1958
Floors in Building
1
Flooring type
Laminate
Building materials
CBS (Concrete Block Structure), Block
Roof type
Shingle
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Connie Ferreira · License #3299055
(305) 200-9773
Added: Jul 25
Changed: Oct 19
Last Checked: Oct 24 at 5:06AM
MLS# A11955083
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.
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Investment Insights
Based on property information with market context.
This duplex contains two units totaling 1,485 square feet, with separate electric meters. Updates include the kitchens, flooring, and roofs. The building dates to 1958 and has a shingle roof, laminate flooring, central air, and electric and natural gas heating. Public sewer service is available, along with cable service.
Both units are occupied by tenants under lease. The property is in Miami, with access to major highways and the Metrorail, and is minutes from Wynwood and Downtown Miami. A spacious backyard provides additional outdoor space.
Both units are occupied by tenants under lease. The property is in Miami, with access to major highways and the Metrorail, and is minutes from Wynwood and Downtown Miami. A spacious backyard provides additional outdoor space.
Key Highlights
- Two‑unit duplex with 1,485 square feet of building area
- Separate electric meters for each unit
- Kitchen, flooring, and roof renovations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,782
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,640
$595.6K
Cap Rate 7%
$425,457
$425.5K
Cap Rate 9%
$330,911
$330.9K
Market Conditions
NOI Build-Up for 1,485 SF
Gross rent
$45.4K $30.60/SF
− Vacancy
−$2.9K −$1.95/SF
EGI
$42.5K $28.65/SF
− OpEx
−$12.8K −$8.60/SF
NOI
$29.8K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,640
Cap Rate 7%
$425,457
Cap Rate 9%
$330,911
Alternative Uses
Best Use
Multifamily LT 5
$425.5K
$372.3K – $496.4K
NOI $29,782 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$391.9K
$342.9K – $457.2K
NOI $27,433 @ 7.0% cap · market cap 4.22%
Theoretical Best
Specialty Retail
$1.00M
$877.1K – $1.17M
NOI $70,167 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,230
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate electric meters serve both leased residences, with kitchen, flooring, and roof updates.
Where is this duplex located?
The property is located at 2729 NW 47th St Miami, FL.
What is the asking price?
The asking price for this property is $649,998.
What are key features of this property?
This property features: Two‑unit duplex with 1,485 square feet of building area; Separate electric meters for each unit; Kitchen, flooring, and roof renovations
