127 NW 47th Terrace, Miami, FL 33127

$1,690,000

bedrooms

bathrooms

square feet

4,120

Acreage

Open Houses

year built

1926

Full Baths

Half Baths

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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.

Location
Subdivision	SHADOWLAWN EXTENSION SUB
County	Miami-Dade
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: RX-11061048

Listing agent: Tinka Ellington

Listing broker: Douglas Elliman (561) 249-4808

Last update: Tuesday, April 22 2025 at 2:47 p.m. EDT

Kotohomes National