For Sale
$1,075,000

171 47Th St Miami, FL 33127

Fully renovated duplex, prime Miami location, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional mixed-use property, located at 171 NW 47th St, Miami, FL 33127, presents a compelling investment opportunity. Situated on a 0.12-acre lot, this fully renovated duplex boasts two units, each featuring two bedrooms and one full bathroom. Recent upgrades include brand-new flooring, AC systems, kitchen appliances, electrical work, plumbing, and impact windows; all improvements are meticulously documented with architectural plans and city permits. Currently operating as a successful short-term rental, the property demonstrates strong financial performance, generating over $7,000 monthly in the off-season and $12,000-$13,000 monthly during peak season. The property's appeal is further enhanced by a delightful backyard featuring mini golf, a seating area, and a hammock. Its convenient location in Buena Vista, near the Design District, Midtown Miami, and Wynwood, offers unparalleled access to Miami's vibrant cultural scene and amenities. This turnkey investment is ideal for owner-occupants seeking rental income or investors targeting lucrative short- or long-term rental prospects. The asking price is $1,075,000.

Highlights

  • Asking Price: $1,075,000
  • Property Type: Mixed-Use Duplex
  • Location: 171 NW 47th St, Miami, FL 33127 (Buena Vista, near Design District, Midtown Miami, and Wynwood)
  • Lot Size: 0.12 acres
  • Fully renovated with new flooring, AC, kitchen appliances, electrical, plumbing, and impact windows. All upgrades are documented.

Property Details for 171 47Th St

Property type
Mixed-use properties
Lot Size (sq. ft)
5,227 SF

Location Insight

City
Miami
County
12086
State
Florida
Latitude
25.818667
Longitude
-80.199228

FAQs

What type of property is this?
Mixed-use property - Fully renovated duplex, prime Miami location, high rental income.
Where is the mixed-use property located?
The property is located at 171 47Th St Miami, FL.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Asking Price: $1,075,000; Property Type: Mixed-Use Duplex; Location: 171 NW 47th St, Miami, FL 33127 (Buena Vista, near Design District, Midtown Miami, and Wynwood)
How can I contact the broker?
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171 47Th St
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