• Asking Price $849,000
  • Estimated Value: $867,461
  • 1994 NW 47TH TER MIAMI, FL 33142

  • 6 Beds 4 Baths 2,167 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 1994 NW 47TH TER, MIAMI, FL 33142

Features

  • Price/sqft: $391
  • Total Units: 2
  • Total Rooms: 10
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
  • Stories: 1
  • Roof Type: Tile
  • Heating: Central Furnace
  • Construction Type: Concrete Block
  • Exterior Walls: Stucco

Facts

  • Year Built: 01/01/1946
  • Property ID: 931353273
  • MLS Number: A11681510
  • Parcel Number: 30-3122-014-1830
  • Property Type: Townhouse or Condo
  • County: MIAMI-DADE
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listingnfeatures two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts an4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.

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Property Brokerage: Eagle Realty LLC d/b/a Keller Williams Eagle Realty 700 N.E. 90 Street Miami FL 33138
Copyright © 2025 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.