$880,000

3245 NW 47th St Miami, FL 33142

$10,000
Closing credit¹
3,150 sqft
$279 / sqft
Multi-Family

Property details

About 3245 NW 47th St

Turn-key fourplex just passed its 40-year recertification and is ready to generate strong returns. Section 8 is now paying up to $2,300 for two-bedroom units, exceeding market rents for the first time, making this a prime investment opportunity. 3245 NW 47th St, Miami, FL 33142 Fourplex | 4 x 2Bed/1Bath Units Central A/C | New Roof (3 Years Old) | 40-Year Recertification Completed Lot Size: 7,875 SqFt | Building Size: 3,150 SqFt Zoning: RU-1 Single-Family Residential District Cap Rate: 7.1% | Pro-Forma: 9% | Price per Door: $220,000 Great opportunity for investors seeking high returns with minimal hassle. DM for details or to schedule a tour.

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,150 sqft
Year built1953
MLS #A11712160

Virtual tour

Summary

  • MLS Number: A11712160
  • MLS Name: SEFMIAMI
  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (305) 431-2258
  • Office Email: cfm@faustocommercial.com
  • Listing Agent: Francisco Campos

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: 4/8/2025, 8:20:49 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 front of property

$880,000

3245 NW 47th St

$10,000

closing credit¹

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Seller rebate

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$505,866$8,449
2022$418,775$7,424
2021$331,704$7,424
2020$279,330$6,650
2018$165,662$3,975
2017$216,087$3,873

History based on county public records data.

Nearby schools

3

Lorah Park Elementary School

Public District PK-5

0.3 mi

5160 NW 31st Ave

6

Melrose Elementary School

Public District PK-5

0.7 mi

3050 NW 35th St

5

Mater International Academy

Public Charter KG-5

0.9 mi

3405 NW 27th 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 $26,582. Residents of Miami, FL typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

64%
<35k
28%
35k-100k
7%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
28%
Single, with Kids
10%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
43%
35-64 yrs old
8%
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
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

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 3245 NW 47th St in Miami, FL and zip code 33142 in the Liberty City neighborhood. This 3,150 square foot home was built in 1953. Features: 0 bathroom. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $880,000.

In March 2025 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 142 listings were sold at asking price, while more than 573 were sold below. The number of homes for sale in Miami, FL increased by 13.7% between February and March 2025. In March 2025 median list price was $580,300 and the average listing age was 70 days.

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

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