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
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.

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