Property Description

Rare find in the heart of Buena Vista: a full ground-up renovation completed in 2022, with over $100K in improvements since. Two private 2BR/1BA units, separate entrances, 1,540 sf living (1,652 sf total) on a 5,000 sf lot (can be delivered vacant).

The rear unit reads like a boutique hotel: Italian flooring, custom millwork and built-ins, a spa shower with lit niches, high-end appliances. Out back, a landscaped oasis under 50+ palms with an outdoor lounge and dining area – a true private retreat in the middle of the city.

Live in one, rent the other, or run both. Prior owner’s records reflect short-term rental income upwards of $10,000/month, achieved before the current improvements. The next owner sets the terms from day one.

Walk to the Design District, Wynwood and Midtown; 10-15 minutes to South Beach. Same-size lots on this block are trading as new-construction luxury homes at $3M+ – own the income today and the upside tomorrow.

Seller-paid buydown and specialty financing available at full price through affiliated lender Olympus Financial (NMLS #2469800). Buyer not required to use; ABA disclosure provided. Listing agent holds an ownership interest.

Features
Swimming Pool
Heating System
Cooling System
Patio:
Patio
Roof:
Shingle
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33127
Street:
171 Nw 47th St, Miami, Florida 33127
Longitude:
W81° 48' 2.7''
Latitude:
N25° 49' 7.2''
MLS Addon
Building Area:
1,652 Sqft
Construction Materials:
Block
DOM:
1
Exterior Features
Flooring:
Tile
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
01-31-24-016-1080
Subdivision Name:
SHADOWLAWN EXTENSION SUB
Tax Annual Amount:
$16,109
Utilities
Virtual Tour:
Click Here
Window Features:
Impact Glass, Blinds

Residential Income For Sale

171 Nw 47th St, Miami, Florida 33127, Miami, Florida 33127

1,540 Sqft
$1,099,999
MLS # #A12062218
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,099,999
Square Footage :
1,540 Sqft
Year Built :
1980
MLS # :
A12062218
Property Sub Type :
Duplex
Agent info
Contact Agent