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37 NW 47th St, Miami FL 33127

House Recently Sold
$1,250,000

BTC: 18.91767301

ETH: 392.90384229

Sold on: 2022-08-01
9 days
6 bds
3 ba
1,795 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential
Parking:
Driveway / Paver Block / On Street
Year Built:
1930
Lot:
5000 Square Feet
Heating:
Central
Price/sqft:
$696
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Closet Cabinetry

    • Split Bedroom

    • Den/Library/Office

    • Family Room

    • Great Room

    • Separate Guest/In-Law Quarters

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Full bathrooms: 3

  • Parking

    • Driveway

    • Paver Block

    • On Street

    Property

    • Exterior Features: Lighting

    Lot

    • Lot: 5000 Square Feet

    Other Property Information

    • Parcel Number: 01-31-24-016-0910

    • Zoning: 0104

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $7,058

  • Source details

    • MLS ID: A11207454

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Deck

    • Pool Features: Above Ground / In Ground

    • Direction Faces: South

    • Architectural Style: Detached / One Story / Split Level

    • Living Area: 1795

    • Water Source: Municipal Water

    • Subdivision Name: SHADOWLAWN EXTENSION SUB

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Compass Florida, LLC