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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
Price: $2,385,000
Sq Ft: 3,018
($790 per
sqft)
Bedrooms: 6
Bathrooms: 5
City: Miami
County: Miami-Dade
Type: Single Family
Development: Shadowlawn
Acres: 0.1400
Virtual Tour/Floorplan:
View
Year Built: 1924
Listing Number: A12090229
Status Code: A-Active
Taxes: $13,372.00
Tax Year: 2025
Garage:
Amenities:
Other
Financial Information:
Taxes: $13,372.00
Tax Year: 2025
Exterior Features:
Balcony
Patio
Equipment:
Dryer
Dishwasher
Electric Range
Microwave
Refrigerator
Washer
View:
Other
School Information:
Middle School: Jose De Diego
Junior High: Jose De Diego
High School: Booker T. Washington
Additional Information:
MLS Area: 2310
Total Square Footage: 3,018
Price per Square Feet: $790.25
Total Rooms: 2
Total Floors: 2
Water: Public
Construction: Cbs
Date Listed: 2026-09-16 00:00:00
Pool: Y
Pool Description: In Ground
Parking: Driveway
Flooring: Ceramic Tile
Roof: Flat
Heating: Central
Cooling: Central Air
Security: Smoke Detector(S)
Restrictions: No Restrictions
Sewer: Public Sewer
Parcel ID: 0131240170350
Amenities: Other
Map of 137 Ne 47Th St, Miami, FL 33137
Listing Courtesy Of: Gold Group Real Estate Llc
nrubinore@gmail.com