Excellent multifamily investment opportunity in a prime Miami location, currently generating $8,500 per month in rental income! The property features a spacious main residence with 4 bedrooms and 3 bathrooms, plus a separate structure offering 1 bedroom and 1 bathroom. An additional storage area provides the potential to be converted into a separate studio, creating the possibility of a three-unit configuration.
With multiple living spaces and strong existing rental income, this property offers excellent flexibility for investors, owner-occupants, multigenerational living, or continued rental use. Conveniently located near the Design District, Midtown, Wynwood, Miami Beach, Downtown Miami, and major highways. A unique opportunity to own a versatile income-producing property in one of Miami’s rapidly evolving areas.
Not available to show, rented until February 2027
With multiple living spaces and strong existing rental income, this property offers excellent flexibility for investors, owner-occupants, multigenerational living, or continued rental use. Conveniently located near the Design District, Midtown, Wynwood, Miami Beach, Downtown Miami, and major highways. A unique opportunity to own a versatile income-producing property in one of Miami’s rapidly evolving areas.
Not available to show, rented until February 2027
Property Details
Price:
$2,385,000
MLS #:
A12090229
Status:
Active
Beds:
6
Baths:
5
Address:
137 NE 47th St
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SHADOWLAWN
Neighborhood:
shadowlawn
City:
Miami
Listed Date:
Sep 16, 2026
State:
FL
Finished Sq Ft:
3,018
Total Sq Ft:
3,018
ZIP:
33137
Year Built:
1924
See this Listing
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Schools
Interior
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Bathrooms
5 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central
Exterior
Architectural Style
Attached, Two Story
Community Features
Additional Amenities
Construction Materials
C B S Construction
Exterior Features
Open Balcony
Other Structures
Guest House
Parking Features
Driveway
Roof
Flat Roof With Facade Front
Security Features
Smoke Detector
Financial
Tax Year
2025
Taxes
$13,372
Map
Community
- Address137 NE 47th St Miami FL
- SubdivisionSHADOWLAWN
- CityMiami
- CountyMiami-Dade County
- Zip Code33137
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137 NE 47th St
Miami, FL
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