2 months on rocket

171 NW 47th St, Miami, FL, 33127

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,540 SqFt
$714/SqFt
Multi

Location

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171 NW 47th St, Miami$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1980
HeatingCentral, Electric, Other
CoolingCentral Air, Electric, Other
MLS #A11657176
StatusActive

About 171 NW 47th St

Investor's Dream in Buena Vista! This legal duplex Zoned T3-L with separate Water and Electric meters, located at 171 NW 47th St, Miami, FL 33127, is currently listed for sale at $1,100,000 and is actively generating approximately $8,000 per month through Airbnb. Offering an impressive cap rate of around 8.7%, this property is a fantastic opportunity for investors seeking strong cash flow. Situated in the sought-after Buena Vista neighborhood, the property also comes with exclusive financing benefits through our lender for qualified buyers. Don't miss this chance to own a prime income-producing property in Miami!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 1
  • Living Area: 1,540 SqFt

Listing Office:

  • Office Name: Floridism Real Estate, LLC.
  • Office Phone: (786) 626-6612
  • Listing Agent: Altairis Cambara Espallargas

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 171 NW 47th St
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Utilities

Utilities Information:

  • Heating: Central, Electric, Other
  • Cooling: Central Air, Electric, Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $714/SqFt

Tax Information:

  • Annual Amount: $3,030
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

171 NW 47th St vs Miami

70 DAYS ON ROCKET

+10 Days

$1,100,000

+$539.5K More

$714/SqFt

+$324 More

KEY TAKEAWAY

This property is $539.5K more than the Median Sold Price and $324/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11657176

Listing Office:

  • Office Name: Floridism Real Estate, LLC.
  • Office Phone: (786) 626-6612
  • Listing Agent: Altairis Cambara Espallargas

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,030$165,931
2018$3,705$109,071
2017$3,472$186,620

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-264027
7
/10

  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-264028
7
/10

  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-264029
4
/10

  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 1.02 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,923. Residents of Miami, FL typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33127›171 NW 47th St

This home is located at 171 NW 47th St in Miami, FL and zip code 33127 in the Shadow Lawn neighborhood. This 1,540 square foot home was built in 1980. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $1,100,000.

Over 62 listings were sold over their listed price in October 2024 in Miami, FL. In the same period over 507 listings were sold below the listed price and 129 listings were sold for the listed price. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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