127 NW 47th Terrace Miami, FL 33127
0 Bedroom, 4,120 Sqft, Quad Plex
AGENT'S REMARKS ABOUT 127 NW 47TH TERRACE
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.PROPERTY DETAILS
- Property Type: Quad Plex
- Approx Living Area: 4,120 SqFt
- Year Built: 1926
- Lot Size: 6,000 SqFt
- Age Restrictions: No Hopa
- County: Miami-Dade
- Area: 2310
- Subdivision: SHADOWLAWN EXTENSION SUB
- Age Restricted: No Hopa
- Annual Property Taxes: $13,304
- Repo/Reo: No
- Short Sale: No
MAP LOCATION FOR 127 NW 47TH TERRACE MIAMI, FL 33127
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Listing courtesy of Compass Florida LLC 05.16.2025