Miami, FL 33142,1994 NW 47 TER
Miami, FL 33142,1994 NW 47 TER
Miami, FL 33142,1994 NW 47 TER
Miami, FL 33142,1994 NW 47 TER
Miami, FL 33142,1994 NW 47 TER
Miami, FL 33142,1994 NW 47 TER
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$ 900,000
Est. payment | /mo

2,167 SqFt


$ 900,000
Est. payment | /mo

2,167 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,167 sqft

Price per Sqft $415

Subdivision 17 Ave Manor

MLS Listing ID A11681510

Construction Status Resale

HOA Y/N No

Year Built 1946

Annual Tax Amount $7,262

Tax Year 2023

Property Description

Don't 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.

Location

State FL

County Miami-dade

Community 17 Ave Manor

Area 31

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Ceramic Tile, Terrazzo

Exterior

Pool None

Utilities Available Cable Available

Roof Type Composition,Shingle

Total Parking Spaces 6

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block,Frame,Stucco

Construction Status Resale

Others

Tax ID 30-31-22-014-1830

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Keller Williams Eagle Realty
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1994 NW 47 TER