127 NW 47th Terrace Miami, FL 33127

Multi-Family (2-4 Units) MLS #: RX-11061048 Courtesy Of Douglas Elliman

$1,690,000

11 beds | 6 baths | 4,120 sq ft
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Est. Property Tax: $13,303
Estimated monthly payments: $8,496/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. 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.

Features

  • Age: Over 50 Years Old
  • Amenities: Porch
  • Architecture Style: Other
  • Exterior Type: Concrete
  • Heating System: Central Furnace
  • Roof Type: Tile

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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
C+
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
Design & Architecture Senior High School 0.6 mi Public 9-12 A+
Toussaint L'ouverture Elementary School 0.7 mi Public PK-5 C+
Wynwood Learning Center Ii 0.8 mi Private PK-KG
Itech@thomas A Edison Educational Center 0.8 mi Public 9-12 A-
Community Development Inc. Dba Mcdonalds Playworld 0.9 mi Private KG-12
Edc Academy Of Excellence 0.9 mi Private KG-12
Young Men's Preparatory Academy 1.0 mi Public 6-12 B-
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 KG-8
Mater Academy Middle School Of International Studies 1.1 mi Public 6-9 C+
Mater Academy Of International Studies 1.1 mi Public KG-5 B-
Lenora Braynon Smith Elementary School 1.2 mi Public PK-5 D
Cushman School 1.2 mi Private PK-12
Edison Park K-8 Center 1.2 mi Public PK-5 B-
Western General Education 1.3 mi Private 9-12
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: 38.4
Married: 26%
Number of Households: 10,370
Households with Children: 29.3%
  • 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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