$950,000

1824 NW 47th St Miami, FL 33142

$10,000
Closing credit¹
1,907 sqft
$498 / sqft
Multi-Family

Property details

About 1824 NW 47th St

Incredible Investment opportunity with Two buildings on One Lot! 8.5% CAP RATE!! Fully renovated triplex with strong income potential in turn-key condition. Front building features a spacious newly renovated 4BR/2BA house with carport. Rear building is a 2-story duplex with two updated units, each with full kitchens, private entry and laundry room. All units have been newly remodeled with new kitchens, baths, flooring, paint, and major system upgrades. Turnkey investment, ideal for owner-user or investor. Strong rental potential and low maintenance. Total projected monthly income: $8,000/mo. Great area with easy access to Downtown, 15 Min drive to Miami Beach, plenty of shopping, and public/private schools. Don’t miss this move-in-ready asset with income-producing opportunity! Call to See!

Highlights

Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air, Other
Size1,907 sqft
Year built1957
MLS #A11799088

Virtual tour

Summary

  • Flooring Type: Tile
  • Exterior: Deck, Fence, Lighting, Porch, Patio, Room For Pool, Security/High Impact Doors
  • Heating: Central
  • Cooling: Central Air, Other
  • List Price: $950,000
  • Price/SqFt: $498
  • Annual Tax Amount: $2,411
  • Tax Year: 2023
  • Directions: Drive to NW 47th St in Miami. House number is 1824.
  • Year Built: 1957
  • Stories: 2
  • Living Area: 1,907 SqFt
  • MLS Number: A11799088
  • MLS Name: SEFMIAMI
  • Office Name: Lexico Realty Inc
  • Office Phone: (954) 328-6498
  • Office Email: Alpatino11@gmail.com
  • Listing Agent: Alejandro Patino

IDX © 2025 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: 5/29/2025, 1:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1824 NW 47th St, Miami, FL 33142 - back of property featuring stucco siding, a patio, and stairs

$950,000

1824 NW 47th St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$168,618$2,411
2022$152,815$2,309
2021$119,302$2,074
2020$164,239$3,693
2018$58,203$1,191
2017$66,898$1,069

History based on county public records data.

Nearby schools

5

Kelsey L. Pharr Elementary School

Public District PK-5

0.2 mi

2000 NW 46th St

8

Earlington Heights Elementary School

Public Magnet PK-5

0.4 mi

4750 NW 22nd Ave

2

Lenora Braynon Smith Elementary School

Public District PK-5

0.6 mi

4700 NW 12th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,488. Residents of Miami, FL typically earn less than $<35k each year. The majority of 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?

66%
<35k
26%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

51%
Single, No Kids
28%
Single, with Kids
10%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
11%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1824 NW 47th St in Miami, FL and zip code 33142 in the Liberty City neighborhood. This 1,907 square foot home was built in 1957. Features: 0 bathroom. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $950,000.

Over 63 listings were sold over their listed price in April 2025 in Miami, FL. In the same period over 593 listings were sold below the listed price and 119 listings were sold for the listed price. The number of homes for sale in Miami, FL increased by 9.2% between March and April 2025. The median list price of listings available in April 2025 was $585,104, while the average time on the real estate market was 73 days.

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

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