Property profile

4 NE 47Th St Miami, FL 33137

FOR SALE
Apartment buildings
Property ID
US18-8179474
2,101 SF Built 1955
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4 NE 47Th St, Miami, FL 33137 For Sale
$1,099,000 2,101 SF
4 NE 47Th St, Miami, FL 33137
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Property summary

AI-generated overview

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

Verified
Property type Apartment buildings
Year built 1955
Total area 2,101 SF
UPID US18-8179474

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4 NE 47Th St Miami, FL 33137
Miami metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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