127 NW 47th Terrace Miami, FL 33127

Multi-Family (2-4 Units) MLS #: RX-10911891 Courtesy Of Douglas Elliman

$1,690,000

11 beds | 6 baths | 3,976 sq ft
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Est. Property Tax: $9,043
Estimated monthly payments: $8,141/mo.* (recalculate)

Property InformationDescription

Great Investment opportunity with stable rent growth and cash flow. Located in close proximity to the Design District, Wynwood, and downtown Miami. In total the property consists of 6 individual units with a total of 11 bedrooms and 6 bathrooms. Included is 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 and an average monthly rent of $2,200. Laundry is on premiss. This property offers an opportunity to increase cash flow even further, through small improvements according to fair market value.

Features

  • Age: Over 50 Years Old
  • Amenities: Porch
  • Architecture Style: Other
  • Cooling System: Central A/C
  • Exterior Type: Concrete
  • Floor Covering: Vinyl
  • Heating Fuel: Electric
  • Heating System: Central Furnace
  • Roof Type: Tile
  • Rooms: Bedroom, Full Bath

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127 NW 47th Terrace, Miami, FL 33127
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School Information

127 NW 47th Terrace, Miami, FL 33127

Elementary School
Grades PK-5 | Public School
SHADOWLAWN ELEMENTARY SCHOOL
Miami, FL 33127
149 NW 49th St
305.­758.3673
Distance: 0.1 mi
School Rating
B-
Student:Teacher Ratio
12:1
Total Students
173
Middle School
Grades 6-8 | Public School
JOSE DE DIEGO MIDDLE SCHOOL
Miami, FL 33127
3100 NW 5th Ave
305.­573.7229
Distance: 1.0 mi
School Rating
D-
Student:Teacher Ratio
15:1
Total Students
849
High School
Grades 9-12 | Public School
MIAMI EDISON SENIOR HIGH SCHOOL
Miami, FL 33127
6161 NW 5th Ct
305.­751.7337
Distance: 0.9 mi
School Rating
D+
Student:Teacher Ratio
16:1
Total Students
700
Other Nearby Schools Distance Type Grades School Rating
Centner Academy Llc 0.4 mi Private PK-8
Ebenezer Christian Academy Ii 0.5 mi Private 1-12
Design & Architecture Senior High School 0.6 mi Public 9-12 A+
Clara Mohammed School Of Miami 0.7 mi Private KG-8
Toussaint L'ouverture Elementary School 0.7 mi Public PK-5 B-
Wynwood Learning Center Ii 0.8 mi Private PK-TKG
Itech@thomas A Edison Educational Center 0.8 mi Public 9-12 B+
Community Development Inc. Dba Mcdonalds Playworld 0.9 mi Private KG-12
Young Men's Preparatory Academy 1.0 mi Public 6-12 C-
Merry Poppins Daycare Kindergarten Inc 1.1 mi Private PK-KG
Eneida Massas Hartner Elementary School 1.1 mi Public PK-5 C-
B. Wright Leadership Academy 1.1 mi Private PK-12
Mater Academy Middle School Of International Studies 1.1 mi Public 6-9 B+
Mater Academy Of International Studies 1.1 mi Public KG-5 B+
Lenora Braynon Smith Elementary School 1.2 mi Public PK-5 C
Cushman School 1.2 mi Private PK-12
Edison Park K-8 Center 1.2 mi Public PK-5 C+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Miami, FL 33127

Median Age: 37.6
Married: 24%
Number of Households: 10,371
Households with Children: 31%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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