Quadplex with Central
For Sale
$1,500,000
418 NW 47th St, Miami, FL 33127
MULTI_FAMILY - Other - Miami, FL
Property Size3,050 SF
Price / SF$491.80
Days on Market107
Property Features for 418 NW 47th St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
0104
Bedrooms
6
Full bathrooms
6
Half bathrooms
1
Rooms
Bathroom 7, Bedroom 3, Bedroom 5, Bathroom 5, Bedroom 2, Bedroom 6, Bathroom 2, Bathroom 1, Bathroom 6, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 4
Parking
4
Window features
Blinds
Exterior features
Fence
Fencing
Fenced
Subdivision
BUENA VISTA HEIGHTS EXTEN
Lot features
< 1/4 Acre
Directions
Take I-95 and exit on 62nd Street and stay on the side of the expressway (I-95) to 54th street and go east. to NW 5th Avenue and go South to NW 47th Street and property in the rear.
Special listing conditions
Short Sale
Standard status
Active
APN
01-31-24-018-1540
Size
3,050 SF
Taxes and HOA fees
Tax Year
2023
Tax Description
BUENA VISTA HGTS EXTN PB 3-64 LOT 9 BLK 32 & E1/2 OF ALLEY LYG W & ADJ CLOSED PER ORD#13492 LOT SIZE 7920 SQ FT M/L OR 9335 1053
Tax Annual Amount
16294
Legal Description
BUENA VISTA HGTS EXTN PB 3-64 LOT 9 BLK 32 & E1/2 OF ALLEY LYG W & ADJ CLOSED PER ORD#13492 LOT SIZE 7920 SQ FT M/L OR 9335 1053
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1952
Floors in Building
1
Flooring type
Tile - Ceramic, Tile
Building materials
Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Claudienne Hibbert · License #3022949
(786) 229-6567
Added: Apr 16
Changed: Jul 30
Last Checked: Jul 31 at 10:06PM
MLS# A11621180
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.
418 NW 47th St, Miami, FL 33127 is a quadplex with block construction and a shingle roof, built in 1952. The property totals 3,050 SF and includes central heating and central air conditioning. Interior finishes feature tile (ceramic tile and tile), with rooms laid out for six bedrooms and seven bathrooms across the units.
Served by public water and public sewer, the building is also fenced for added perimeter definition. The property’s utility setup includes public connections, with heating and cooling provided via central systems.
The combination of a solid, block-built exterior, central HVAC, and public sewer and water supports continued residential income use as a quadplex.
Served by public water and public sewer, the building is also fenced for added perimeter definition. The property’s utility setup includes public connections, with heating and cooling provided via central systems.
The combination of a solid, block-built exterior, central HVAC, and public sewer and water supports continued residential income use as a quadplex.
Key Highlights
- 3,050 SF quadplex with block construction
- Central heating and central air conditioning
- Tile flooring with six bedrooms and seven bathrooms
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 | $93.3k | $30.60 |
| − Vacancy | −$5.9k | −$1.95 |
| EGI | $87.4k | $28.65 |
| − OpEx | −$26.2k | −$8.60 |
| NOI | $61.2k | $20.06 |
3,050 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$873.8K
$764.6K – $1.02M
NOI $61,169 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$804.9K
$704.3K – $939.1K
NOI $56,344 @ 7.0% cap · market cap 3.76%
Theoretical Best
Specialty Retail
$2.06M
$1.80M – $2.40M
NOI $144,114 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,102
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Block-built quadplex with central air, tile flooring, and public water and sewer service in Miami.
Where is this quadplex located?
The property is located at 418 NW 47th St Miami, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,050 SF quadplex with block construction; Central heating and central air conditioning; Tile flooring with six bedrooms and seven bathrooms
