Miami, FL 33127 127 NW 47th Terrace
$1,690,000



56 more

























































Presented By: Compass Florida LLC
Home Details
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 home which was subdivided into a 2 bedrooms, 1 bath apartment and an additional 1 bedroom, 1 bath apartment. Two separate 2 -story buildings in the back of the property consist of another 4 apartments, each having 2 bedrooms and 1 full bath. All units are secured with current tenants. Laundry is on premise. This property offers an opportunity to further increase cash flow through small improvements according to fair market value.
Presented By: Compass Florida LLC
Interior Features for 127 NW 47th Terrace
Other Interior Features
Total # of Units6
Unit 1 DescA/C Unit
Unit 2 DescA/C Unit
Unit 3 DescA/C Unit
Unit 4 DescA/C Unit
FlooringOther
SqFt - Living4120.00
General for 127 NW 47th Terrace
Adult 55+No Hopa
Area2310
AuctionNo
Carport Spaces0.00
ConstructionCBS, Concrete
CoolingCentral, Central Individual, Electric
Gated CommunityNo
Geo AreaDADE
Geo Lat25.819406
Geo Lon-80.198332
HOANone
HeatingCentral, Central Individual, Electric
Legal DescriptionSHADOWLAWN EXTN PB 5-105 LOT 22 BLK 4 LOT SIZE 50 X 120 OR 19700-0036 05 2001 1 COC 22532-4432 07 2004 1
PossessionFunding
Property TypeB
REONo
RestrictOther
RoofFlat Tile
Short SaleNo
Source of ExpensesOwner
StatusActive
Stories2.0
SubdivisionSHADOWLAWN EXTENSION SUB
Tax Year2024
Taxes$13,304
Tenant PaysCable, Electric
Terms ConsideredCash, Conventional
TypeQuad Plex
UtilitiesPublic Sewer, Public Water
Virtual TourClick here
Year Built1926
Zoning0104
Exterior for 127 NW 47th Terrace
Exterior AmenitiesOpen Porch
Lot Description< 1/4 Acre
Lot Dimensions50.0 ft x 120.0 ft
Private Pool Y/NNo
Subdiv AmenitiesNone
Unit 1 ParkingOpen Parking
Unit 2 ParkingOpen Parking
Unit 3 ParkingOpen Parking
Unit 4 ParkingOpen Parking
WaterfrontNo
WaterfrontNone
Additional Details
Price History

Tony Venzal
Realtor®