2126 47Th Ter Miami, FL 33142
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 2126 47Th Ter
- Year built
- 1963
- Property type
- Small apartment buildings
Description
This exceptional two-unit duplex located at 2126 NW 47th Terrace, Miami, Florida 33142, presents a lucrative investment opportunity. Built in 1963, this single-story building boasts a newly installed roof, updated windows, and fresh exterior paint and stucco. The property generates a substantial monthly rental income of $5,000. Unit A, a fully furnished unit, is currently rented month-to-month for $3,200 to a construction company. Unit B, partially furnished, is leased for $1,800 per month until April 2025 to a family. Each unit features its own HVAC system and Florida Power & Light (FPL) meter, while a shared water meter is in place. Ample parking is available both inside a gated area and in front of the building. This high-demand location offers convenient access to major highways and nearby hospitals, making it an ideal investment for those targeting travel nurses, medical students, or even a small recovery home. A drive-by is encouraged, but please respect the privacy of the tenants and refrain from disturbing them. Proof of funds and a pre-approval letter are required for consideration. The asking price for this remarkable property is $650,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2310979
- Latitude
- 25.8180999
