37 NW 47th St Miami FL 33127

$ 1,250,000.00

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Quick Info

MLS #: A11207454 Post Updated: 2022-06-13 17:35:24 Bedrooms: 6 Bathrooms: 3
Bathrooms Full: 3 Area: 1795 sq ft Lot Size Units: Square Feet Year built: 1930
Status: Type:

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.

Location Details

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

Property details

  • Total Building Area: 2019 sq ft
  • Direction Faces: South
  • Subdivision Name: SHADOWLAWN EXTENSION SUB
  • Lot Size Square Feet: 5000 sq ft
  • 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

Fees & Taxes

  • Tax Annual Amount: $ 7,058.00
  • Tax Year: 2021
  • Tax Legal Description: SHADOWLAWN EXTN PB 5-105 LOT 20 BLK 6 LOT SIZE SITE VALUE OR 14579-513 0690 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
  • Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11207454

Disclaimer

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This property located in , is a Miami Real Estate listing and is available on Miami Real Estate. This property is listed at $ 1,250,000.00, has 6 beds bedrooms, 3 baths bathrooms, and has a 1795 sq ft area. This property was built in 1930.

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