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Headshot for Associate Krista Plagge
  1. Krista Plagge, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 813.285.1702
  4. krista@homeguidetampa.com
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  4. 127 47th Terrace Nw, Miami, FL 33127
127 47th Terrace Nw, Miami, FL 33127
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127 47th Terrace Nw
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  • MLS#: RX-11061048 ( Quad Plex )
  • Street Address: 127 47th Terrace Nw
  • Viewed: 8
  • Price: $1,690,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1926
  • Bldg sqft: 0
  • Days On Market: 159
  • Additional Information
  • Geolocation: 25.8194 / -80.1983
  • County: MIAMI DADE
  • City: Miami
  • Zipcode: 33127
  • Subdivision: Shadowlawn Extension Sub
  • Provided by: Douglas Elliman
  • Contact: Tinka Ellington
  • (561) 245-2635
  • DMCA Notice
  • Description
    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.
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Property Location and Similar Properties
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Similar
Features
Absolute Longitude
  1. 80.198332
Avail Info
  1. Investment Analysis
Carport Spaces
  1. 0.00
Construction
  1. CBS
  2. Concrete
Cooling
  1. Central
  2. Central Individual
  3. Electric
Country
  1. United States
Exterior Features
  1. Open Porch
Flooring
  1. Other
Heating
  1. Central
  2. Central Individual
  3. Electric
Homeowners Assoc
  1. None
Housing For Older Persons Act
  1. No Hopa
Income Expenses Annual Net Oper Inc
  1. 107664.00
Income Expenses Annual Total Expense
  1. 35532.00
Income Expenses Gross Operating Inc
  1. 143196.00
Legal Desc
  1. SHADOWLAWN EXTN PB 5-105 LOT 22 BLK 4 LOT SIZE 50 X 120 OR 19700-0036 05 2001 1 COC 22532-4432 07 2004 1
Lot Description
  1. < 1/4 Acre
Lot Dimensions
  1. 50.0 ft x 120.0 ft
Multiple Ofrs Acptd
  1. No
Number Of Stories
  1. 2.0
Parcel Id
  1. 0131240160540
Possession
  1. Funding
Private Pool
  1. No
Property Condition
  1. Resale
Property Group Id
  1. 19990816212116581394000000
Property Type
  1. Quad Plex
Roof
  1. Flat Tile
Separate Elec Meters
  1. Yes
Separate Wtr Meters
  1. Yes
Source Of Expenses
  1. Owner
Special Assessment
  1. No
Sqft Source
  1. Tax Rolls
Sqft Total
  1. 4120.00
Storm Protection Panel Shutters
  1. Complete
Subdivision Information
  1. None
Tax Year
  1. 2024
Taxes
  1. 13303.80
Tenant Pays
  1. Cable
  2. Electric
Total Building Sqft
  1. 4120.00
Utilities
  1. Public Sewer
  2. Public Water
Virtual Tour Url
  1. https://www.propertypanorama.com/127-NW-47th-Terrace-Miami-FL-33127/unbranded
Waterfront Details
  1. None
Year Built
  1. 1926
Zoning
  1. 0104
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Headshot for Associate Krista Plagge
  1. Krista Plagge, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 813.285.1702
  4. krista@homeguidetampa.com