#A11739510, Ouri Kahn, Listing Office: City Group Consulting, LLC
![Douglas Elliman MLS Logo](https://rocket.com/homes/mls-logos/IDX_201.png)
$10,000
closing credit¹
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 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 for $2,200 a month and an additional 1 bedroom, 1 bath apartment for $1,133 a month. 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 and an average monthly rent of $2,200. 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
- MLS Number: RX-11061048
- Office Name: Douglas Elliman
- Office Phone: (561) 245-2635
- Listing Agent: Tinka Ellington
- Agent Phone: (954) 448-5226
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Last updated on: 2/11/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of home's exterior featuring a carport](/homes/listing-images/47744051_S0132/S0132/S0132-R0100/20250204154821866533000000/20250204154821866533000000-1.jpg?version=1739223105&width=640)
$1,690,000
127 NW 47th Ter
$10,000
closing credit¹
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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
7
Shadowlawn Elementary School
Public District PK-5
0.1 mi
•149 NW 49th St
7
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. Most Miami, FL residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
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.
While more than 31 listings in Miami, FL in January 2025 were sold above asking price, there were more than 74 listings sold at asking price, and more than 425 were sold below. In January 2025 in Miami, FL there were 14.8% more homes for sale than in December. In January 2025 median list price was $574,895 and the average listing age was 76 days.