127 47th Terrace

Miami, FL 33127
Square Ft.
4,120
$1,690,000
Great Investment opportunity with stable rent growth and cash flow. Located in close proximity to the Design District, Wynwood, and downtown Miami. The property has a new roof and consists of 6 individual units with a total of 11 bedrooms and 6 bathrooms. Included a one story single family homeRead MoreRead Less
Courtesy of Tinka Ellington, Douglas Elliman 561-245-2635
Listing Snapshot
Days Online
31
Last Updated
Property Type
Quad Plex
Square Ft.
4,120
Lot Size
0.14 Acres
Year Built
1926
MLS Number
RX-11061048
30 Days Snapshot Of 33127
$430k
0%
(avg) sold price
0
-100%
homes sold
71
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
4,120 total living square feet, 4,120 total square feet, Built in 1926, 2 stories, 6 units in building, Year built description: Resale, Square footage source: Tax Rolls, Unit 1 is 1,400 square feet, Unit 2 is 1,700 square feet, Unit 3 is 1,176 square feet, Unit 4 is 700 square feet, CBS, Concrete, A/C Unit, A/C Unit, A/C Unit, A/C Unit
Cooling
Central, Central Individual, Electric
Exterior Features
Open Porch
Floors
Other
Heating
Central, Central Individual, Electric
Interior Features
Unit 1 furnished?: Partial, Unit 2 furnished?: Partial, Unit 3 furnished?: No, Unit 4 furnished?: No
Lot
Lot dimensions: 50.0 ft x 120.0 ft, 6,000 lot square feet, < 1/4 Acre
Miscellaneous
Business type: None, Unit 1 monthly income: $2,200, Unit 2 monthly income: $2,200, Unit 3 monthly income: $2,000, Unit 4 monthly income: $2,200, Gross operating income: $143,196, Annual total expense: $35,532, Annual net operating income: $107,664, Cable, Electric, Cash, Conventional
Parking
Open Parking, Open Parking, Open Parking, Open Parking
Property
Property type: B, Zoning: 0104, Waterfront: No, None
Roof
Flat Tile
Taxes
Real estate taxes: $13,304, Tax year: 2024, No Homestead
Utilities
0.00 meter, Public Sewer, Public Water
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