Property summary
This exceptional 2-unit duplex, located at 4 NE 47th St in Miami's desirable Buena Vista neighborhood, presents a fantastic investment opportunity. Built in 1955, this single-story building boasts a total of 2,101 square feet. Each unit offers a comfortable 2-bedroom, 1-bathroom layout, featuring updated amenities such as renovated bathrooms, stainless steel appliances, and gleaming hardwood floors. The property benefits from impact windows and doors, ensuring both security and energy efficiency. New air conditioning units provide year-round comfort. Ample parking is available, including a garage, and a coin-operated laundry facility adds to the rental income potential. Currently, the units are rented at $2300 and $2400 per month, with tenants on month-to-month leases. The property's strategic location offers easy access to the vibrant Design District and Midtown, with their numerous restaurants and shopping options. Wynwood, downtown Miami, and major highways are also within a short driving distance. This turnkey investment property is priced at $975,000 and represents a compelling opportunity for immediate income generation and long-term appreciation in a highly sought-after Miami neighborhood.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Derived from the Miami market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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