Miami Real Estate

ResidentialSingle Family Residence37 NW 47th St Miami FL 33127

37 NW 47th St Miami FL 33127

  • 6 beds
  • 3 baths
  • 1795 sq ft
$1,250,000

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Basics

Description

  • Description:

    Perfect for an AirBnB investor or end-user! This property features 5 bedrooms and 2 bathrooms in the main house with a separate 1 bedroom and 1 bathroom guest house. The current owner spent $100,000 in upgrades to turn this property into an extremely profitable AirBnB property yielding an 8% to 9% cap rate, or more than $100,000 in net income per year. Upgrades include the following: brand new pool, brand new deck surrounding the pool, artificial turf in the backyard, new landscaping surrounding the entire house, new interior paint and redesign, and more. The AC's were installed in 2017 and the roof is in great condition.

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Location Details

  • County Or Parish: Miami-Dade County
  • Zoning Description: 0104

Property details

  • Total Building Area: 2019
  • Direction Faces: South
  • Subdivision Name: SHADOWLAWN EXTENSION SUB
  • Lot Size Square Feet: 5000
  • Parcel Number: 01-31-24-016-0910
  • Possession: Closing & Funding
  • Lot Size Area: 5000

Property Features

  • Exterior Features: Deck,Fence,Lighting
  • Interior Features: Bedroom on Main Level,Closet Cabinetry,First Floor Entry,Split Bedrooms
  • Pool Features: Above Ground,In Ground,Pool
  • Lot Features: < 1/4 Acre
  • Parking Features: Driveway,Paver Block,On Street
  • Security Features: Smoke Detector(s)
  • Appliances: Dryer,Dishwasher,Microwave,Refrigerator,Washer
  • Architectural Style: Detached,One Story,Split-Level
  • Construction Materials: Block
  • Cooling: Central Air
  • Cooling Y/N: 1
  • Electric: Fuses
  • Flooring: Wood
  • Heating: Central
  • Heating Y/N: 1
  • Sewer: Public Sewer
  • View: None
  • Patio and Porch Features: Deck
  • Roof: Shingle
  • Water Source: Public
  • Stories: 1

Miscellaneous

  • Public Survey Section: 24
  • Syndication Remarks: This property is perfect for an AirBnB investor or end-user featuring 5 beds/2 baths in the main house with a separate 1 bed/1 bath guest house.
  • Year Built Details: Resale

Fees & Taxes

  • Tax Annual Amount: 7058
  • Tax Year: 2021
  • Tax Legal Description: SHADOWLAWN EXTN PB 5-105 LOT 20 BLK 6 LOT SIZE SITE VALUE OR 14579-513 0690 1

This property located in 37 NW 47th St Miami FL 33127, is a Miami Real Estate listing and is available on Miami Real Estate. This property is listed at $1,250,000, has 6 beds bedrooms and 3 baths bathrooms. This property was built in 1930.

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