171 47Th St Miami, FL 33127
- Small apartment buildings
Current Use by Public Records
- Beelooko / Book Store
Property Details for 171 47Th St
- Year built
- 1980
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a legal duplex located at 171 NW 47th St, Miami, FL 33127, in the desirable Buena Vista neighborhood. Built in 1980, this single-story building features two units and is currently generating approximately $8,000 per month in rental income through Airbnb, representing an impressive cap rate of around 8.7%. The property is listed at $1,100,000. Each unit benefits from separate water and electric meters, simplifying utility management. The property is zoned T3-L. Its location in Miami-Dade County, Florida, within the 33127 zip code, offers excellent access to Miami's vibrant amenities and strong rental market. This is a rare chance to acquire a high-performing, cash-flowing asset in a prime location. Exclusive financing benefits are available for qualified buyers. The property's strong performance and desirable location make it an ideal addition to any investment portfolio. This turnkey operation requires minimal management and offers significant potential for future appreciation. Don't miss this chance to own a piece of Miami's thriving real estate market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.199228
- Latitude
- 25.818667
