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$10,000 Closing Credit¹
#A11739510, Ouri Kahn, Listing Office: City Group Consulting, LLC
#RX-11061048·
Listing Office: Douglas Elliman·
Listing Agent: Tinka Ellington·
Listing Agent Phone: (954) 448-5226·
Listing Office Phone: (561) 245-2635
$1,690,000 List price
127 NW 47th Ter Miami, FL 33127
$10,000
Closing credit¹
4,120 sqft
$410 / sqft
Multi-Family
Property details
About 127 NW 47th Ter
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.
Highlights
Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size4,120 sqft
Year built1926
MLS #RX-11061048
Virtual tour
Summary
- MLS Number: RX-11061048
- Office Name: Douglas Elliman
- Office Phone: (561) 245-2635
- Listing Agent: Tinka Ellington
- Agent Phone: (954) 448-5226
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 2:16:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,690,000
127 NW 47th Ter
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 29, 2012 | Home Sold | $95,000 |
| Aug 02, 2004 | Home Sold | $285,000 |
| Jun 05, 2001 | Home Sold | $185,000 |
| Jul 21, 2000 | Home Sold | $126,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $710,811 | $11,457 |
| 2022 | $418,985 | $9,043 |
| 2021 | $418,985 | $9,043 |
| 2020 | $363,485 | $8,851 |
| 2018 | $231,918 | $6,845 |
| 2017 | $334,414 | $6,850 |
History based on county public records data.
Nearby schools
6
Shadowlawn Elementary School
Public District PK-5
0.1 mi
•149 NW 49th St
5
Toussaint L'Ouverture Elementary School
Public District PK-5
0.7 mi
•120 NE 59th St
4
Eneida Massas Hartner Elementary School
Public District PK-5
1.1 mi
•401 NW 29th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,923. The majority of Miami, FL residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
63%
<35k
34%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
24%
Single, with Kids
15%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
35%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 127 NW 47th Ter in Miami, FL and zip code 33127 in the Shadow Lawn neighborhood. This 4,120 square foot home was built in 1926. Features: 0 bathroom. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $1,690,000.
In February 2025, from all listings sold in Miami, FL there were more than 29 sold above asking price, over 420 sold below and more than 87 were sold right at the asked price. The number of listings in Miami, FL increased by 13.9% between January and February 2025. In February 2025 median list price was $577,686 and the average listing age was 74 days.
From Rocket Homes Real Estate and based on county public records data.