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1994 NW 47 TER
Miami, FL 33142
$900,000
Active
22+
$900,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
2,167 
Size Sq. Ft.
31
DOM
1994 NW 47 TER Miami, FL 33142
Beds, Baths, Duplex 2,167 Sq.Ft.

Dont miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a 4/3.5 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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Listing Summary
  • Address 1994 NW 47 TER
  • City Miami
  • County Miami-Dade
  • Zip 33142
  • Price $900,000 ($415 / SqFt)
  • Status Active
  • Subdivision 17 Ave Manor
  • Pets Allowed No
  • MLS® # A11681510
  • Property Type Residential Income
  • Property Sub TypeDuplex
  • Status Active
  • Square Feet 2,167
  • Year Built 1946
  • Waterfront No
  • Maintenance Fees No Info Provided
  • Taxes $7,262
  • Tax Year 2023
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1994 NW 47 TER
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11681510) is provided courtesy of (Keller Williams Eagle Realty). The information being provided is 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. Information is deemed reliable but not guaranteed. Data last updated on 11-26-2024. IDX powered by Realty Net Media
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