#A11739510, Ouri Kahn, Listing Office: City Group Consulting, LLC

127 NW 47th Ter Miami, FL 33127
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
Virtual tour
Summary
- Flooring Type: Other
- Private Pool: No
- Waterfront: None
- Exterior: Open Porch
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $1,690,000
- Price/SqFt: $410
- Annual Tax Amount: $11,457
- Tax Year: 2023
- Directions: Please use GPS
- Year Built: 1926
- Stories: 2
- Living Area: 4,120 SqFt
- MLS Number: RX-11061048
- Office Name: Compass Florida LLC
- Office Phone: (305) 851-2820
- Listing Agent: Tinka Ellington
- Agent Phone: (954) 448-5226
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Last updated on: 6/4/2025, 10:45:29 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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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 most common annual income of people living in Miami, FL is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
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.
Miami, FL housing market in May 2025 saw over 53 listings sold above listed price, more than 98 sold at listed price and over 602 sold below. The number of homes for sale in Miami, FL increased by 8.2% between April and May 2025. In May 2025 median list price was $585,197 and the average listing age was 68 days.