Well-Maintained Duplex With
2729 NW 47th St Miami, FL 33142
New
For Sale
$729,900
MULTI_FAMILY - Miami, FL
Property Size1,485 SF
Price / SF$491.52
Days on Market3
Property Features for 2729 NW 47th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking
- 5
- 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
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1958
- Floors in Building
- 1
- Flooring type
- Laminate
- Building materials
- Block
- Roof type
- Shingle
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Connie Ferreira · License #3299055
(305) 200-9773
Added: Jul 23
Changed: Jul 25
Last Checked: Jul 25 at 8:06AM
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two separate units with individual electric meters. The property has renovations noted in the kitchens, flooring, and roofs. The units are currently occupied by tenants under lease, providing an existing income stream.
Located in Miami-Dade County at 2729 NW 47th St, the property is described as having easy access to major highways. The public remarks also reference proximity to Wynwood, Downtown Miami, and the Metrorail.
The duplex offers a spacious backyard, which the remarks describe as providing multiple potential uses. Overall, it presents a renovated, two-unit residential income property with ongoing tenant occupancy.
Located in Miami-Dade County at 2729 NW 47th St, the property is described as having easy access to major highways. The public remarks also reference proximity to Wynwood, Downtown Miami, and the Metrorail.
The duplex offers a spacious backyard, which the remarks describe as providing multiple potential uses. Overall, it presents a renovated, two-unit residential income property with ongoing tenant occupancy.
Key Highlights
- Duplex built in 1958 with block construction
- Two units with separate electric meters
- Renovated interiors including updated kitchens, flooring, and roofs
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 | $45.4k | $30.60 |
| − Vacancy | −$2.9k | −$1.95 |
| EGI | $42.5k | $28.65 |
| − OpEx | −$12.8k | −$8.60 |
| NOI | $29.8k | $20.06 |
1,485 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$425.5K
$372.3K – $496.4K
NOI $29,782 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$391.9K
$342.9K – $457.2K
NOI $27,433 @ 7.0% cap · market cap 3.76%
Theoretical Best
Specialty Retail
$1.00M
$877.1K – $1.17M
NOI $70,167 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Renovated duplex with two units, separate electric meters, and tenant occupancy under lease.
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 $729,900.
What are key features of this property?
This property features: Duplex built in 1958 with block construction; Two units with separate electric meters; Renovated interiors including updated kitchens, flooring, and roofs
