1994 Northwest 47th Terrace
Description
features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a
4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300...Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing
features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a
4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.
- Listed by Ivan Rabinovich • Keller Williams Eagle Realty
- Listed by Rolando Ramirez • Keller Williams Eagle Realty
Property Details for 1994 Northwest 47th Terrace
Property Details for 1994 Northwest 47th Terrace
| Status | Active |
|---|---|
| MLS # | A11681510 |
| Days on Market | 9 |
| Taxes | $7,262 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family Income / Duplex |
| Year Built | 1946 |
| Lot Size | - |
| County | Miami-Dade County |
Building Information for 1994 Northwest 47th Terrace
Property Information for 1994 Northwest 47th Terrace
- Parcel Number Free Text: 30-31-22-014-1830
- Parcel Number MLX: 1830
- MLS Area: 31
- Municipal Code: 30
- Township Range: 31
- Section: 22
- Subdivision Number: 14
- Subdivision Complex Bldg: 17 AVE MANOR
- Unit Count: 2
- Zoning Information: 5700
- Num Parking Spaces: 6
- Property Type Information: Attached
- Lot Description: Less Than 1/4 Acre Lot
- Pool: No
- Construction: CBS Construction, Frame With Stucco
- Construction Type: CBS Construction, Frame With Stucco
- Roof Description: Composition Roll, Shingle Roof
- Flooring: Ceramic Floor, Terrazzo Floors
- Floor Description: Ceramic Floor, Terrazzo Floors
- Heating Description: Central Heat, Window/Wall
- Cooling Description: Central Cooling, Wall/Window Unit Cooling
- Sewer Description: Municipal Sewer
- Separate Meter: Yes
- Cable Available: Yes
- Guest Accommodations: No
- Rent Includes: Cable Tv
- Total Mortgage: $160,000
- Type of Association: None
- Flood Zone: AH
- Tax Year: 2023
- Tax Information: Tax Reflects City & County Tax
- Information Available: None
Property History for 1994 Northwest 47th Terrace
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1994 Northwest 47th Terrace
Schools near 1994 Northwest 47th Terrace
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Earlington Heights Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Brownsville Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Eagle Realty
Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
