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$1,690,000

127 NW 47th Terrace

127 NW 47th Terrace

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127 NW 47th Terrace

$1,690,000 | 127 NW 47th Terrace, Miami, FL 33127

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.

  • For Sale

    Status
  • 4,120 Sq.Ft.

    Living Area
  • 6,000 Sq.Ft.

    Acres Lot
  • 1926

    Year Built

Features & Amenities

Area & Lot

Status:
For Sale
Living Space:
4,120 Sq.Ft.
Lot Size:
6,000 Sq.Ft.
MLS® ID:
R11061048
Type:
Residential
Year Built:
1926

Interior

Flooring:
Other

Exterior

Stories:
2 Floors
Water Source:
Public
Utilities:
Sewer Available, Water Available
Pool:
None
Roof:
Flat, Tile
Lot Features:
1/4 Acre
Heat Type:
Central, Electric
Air Conditioning:
Central Air, Electric
Sewer:
Public Sewer
Other Exterior Features:
Porch

Financial

Sales Price:
$1,690,000
Real Estate Taxes:
$13,304/yr

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She is more than just the local area expert. As a lifelong resident of the beautiful Jupiter/Tequesta area, McKinley is passionate about her town and enjoys assisting others as they move into the area or just move across town.

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