171 NW 47th Street, Miami, FL 33127

$1,099,999
1,540
SqFt

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List Price
$1,099,999
Days on Market
13
MLS#
A12062218
Year Built
1980
Living Area
1,540
MLS Area Major
2310

Property Description

Rare find in the heart of Buena Vista: a full ground-up renovation completed in 2022, with over $100K in improvements since. Two private 2BR/1BA units, separate entrances, 1,540 sf living (1,652 sf total) on a 5,000 sf lot (can be delivered vacant).The rear unit reads like a boutique hotel: Italian flooring, custom millwork and built-ins, a spa shower with lit niches, high-end appliances. Out back, a landscaped oasis under 50+ palms with an outdoor lounge and dining area - a true private retreat in the middle of the city.Live in one, rent the other, or run both. Prior owner's records reflect short-term rental income upwards of $10,000/month, achieved before the current improvements. The next owner sets the terms from day one. Walk to the Design District, Wynwood and Midtown; 10-15 minutes to South Beach. Same-size lots on this block are trading as new-construction luxury homes at $3M+ - own the income today and the upside tomorrow.Seller-paid buydown and specialty financing available at full price through affiliated lender. Buyer not required to use; ABA disclosure provided. Listing agent holds an ownership interest.

Additional Information

Taxes
$16,109
Utilities
Cable Available
Heating
Central, Separate Meters
Air Conditioning
Central Air, Other, Wall/Window Unit(s)
Exterior Construction
Block
Roof
Shingle
Elementary School
Shadowlawn
Middle School
Jose De Diego
High School
Miami Edison

Listing courtesy of LoKation.

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Calculator source: Real Geeks