Live Listing

137 NE 47th Street

Miami, FL 33137 SHADOWLAWN

List Price $2,385,000
PROPERTY DESCRIPTION

Property Description

Excellent multifamily investment opportunity in a prime Miami location, currently generating $8,500 per month in rental income! The property features a spacious main residence with 4 bedrooms and 3 bathrooms, plus a separate structure offering 1 bedroom and 1 bathroom. An additional storage area provides the potential to be converted into a separate studio, creating the possibility of a three-unit configuration. With multiple living spaces and strong existing rental income, this property offers excellent flexibility for investors, owner-occupants, multigenerational living, or continued rental use. Conveniently located near the Design District, Midtown, Wynwood, Miami Beach, Downtown Miami, and major highways. A unique opportunity to own a versatile income-producing property in one of Miami’s rapidly evolving areas.Not available to show, rented until February 2027

PROPERTY DETAILS

Property Details

Listing Information

MLS ID
A12090229
Listing Status
Active
Property Type
Single Family Residence
Bedrooms
6
Bathrooms
5
Living Area
3,018 sq ft
Lot Size
6,120 sq ft
Year Built
1924
Community
SHADOWLAWN
County
Miami-Dade

Property Features

Exterior Features
Balcony
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Parking
Driveway
Waterfront
False
View
Other
Property Tax
$13,372 (2025)
Evelyn Yang South Florida Real Estate
Evelyn Yang 561.972.3158
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