37 NW 47th St, Miami FL, 33127

Sold

37 NW 47th St

Miami FL, 33127

$1,250,000

$696.38 per sqft

Sold

6 Beds

3 Baths

1,795 sqft

Residential

Built in 1930

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.

A11207454

MLSⓇ ID

May 23, 2022

Listed

February 10, 2024

Updated

Map

37 NW 47th St
Miami FL, 33127

Interior Features

Bedrooms: 6 Beds
Bathrooms: 3 Baths
Interior Features: First Floor Entry, Closet Cabinetry, Split Bedroom, Den/Library/Office, Family Room, Great Room, Separate Guest/In-Law Quarters
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Floor Description: Wood
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Central

Exterior/Building Features

Lot Size: 0.11 Acres
Exterior Features: Lighting
Lot Features: Less Than 1/4 Acre Lot
Architectual Style: Detached, One Story, Split Level
Roof: Shingle
Sewer: Public Sewer

Other Property Details

Area Name: Shadowlawn Extension Sub
Taxes: $7,058
Tax Frequency: Annually
Days on Market: 9
Garage: No
Parking: Driveway, Paver Block, On Street
View: No
View Description: None
County: Miami-Dade County
Water Source: Municipal Water
Pool: No
Pool Features: Above Ground, In Ground
Zoning: 0104
Buyer Agency Compensation: 3%

Listing History

Date	Event	Price
11/10/2023	Sold	$1,250,000

Listed by: Compass Florida, LLC
Listing Contact: 305-699-8050

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 1:36 AM UTC, 2/10/2024.