45 photos
USD 1,250,000
37 NW 47th St
Miami, Florida 33127
Beds
6
Baths
3
Property Description
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.
Listed by Compass Florida, LLC
Property Details
- ID #
- A11207454
- Status
- Sale
- Type
- House, Residential
- Zip Code
- 33127
- Building Area
- 1,795ft2
- Year Built
- 1930
- Building Feature
- Air Conditioning, Smoke alarms
- Roof Material
- Wood shingle roof
- Water Source
- City/mains water
- Septic
- City sewer
- Parking
- Street parking, Pavers, Street Parking
- Construction
- CBS Construction, Concrete Block Construction
- Design
- Detached, One Story, Split Level
- Exterior Features
- Deck, Exterior Lighting, Fence
- Floor
- Wood Floors
- Front Exposure
- South
- Interior
- Closet Cabinetry, First Floor Entry, Split Bedroom
- Lot
- Less Than 1/4 Acre Lot
- Occupancy
- Call Listing Agent
- Pool Dimensions
- 9x17
- Utilities
- Internet
- Zoning Information
- 0104
- Appliances
- Dishwasher, Dryer, Fuse Box, Microwave, Refrigerator, Washer
- Rooms
- Den/Library/Office, Family Room, Great Room, Separate Guest/In-Law Quarters
Neighborhood Map
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Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.