137 NE 47th Street
Miami, FL 33137
6
Bed
5
Bath
3,018Sqft
6,120Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 5 Full Baths: 5Roofing Information
FlatFlooring Information
CeramicTile -
Interior Features
MainLevelPrimaryRoof: FlatAppliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1924Building Area Total: 3018Construction Materials: BlockStories: 2Patio And Porch Features: Open, Patio, BalconyPool Features: InGroundPrivate Pool: YesView: Other -
Exterior Features
Exterior Features: Balcony, OutdoorLivingArea
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Lot Information
Main Square Feet: 6120 Lot Size Acres: 0.14Property Information
Subdivision: SHADOWLAWN Source Property Type: Residential Postal Code Plus 4: 3140 Property SubType: Single Family Residence Direction Faces: East Levels: Two Property Age: 102
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Listing Price Information
Listing Price: $2385000Cash, Conventional
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Tax Information
Parcel Number: 0131240170350 Tax Year: 2025 Annual Tax: $13372 Tax Legal Desc: SHADOWLAWN PB 6-47 LOT 11 BLK 2 LOT SIZE 60.000 X 102 OR 21199-3502 04 2003 1 COC 23908-4653 10 2005 4
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Virtual Tour
Parking Information
DrivewayHomeowners Association Information
Association Amenities: Other
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School Information
Elementary School: Junior High School: Jose De Diego Senior High School: Booker T. Washington -
Location Information
WaterSource: Public Security Features: SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 120 NE 25th Street, Miami, FL, 33137 | $2,300,000 | 4 | 4 | 2,687 | 7,025 Sq. Ft |
| 4241 Palm Ln, Miami, FL, 33137 | $26,000,000 | 6 | 7 | 6,334 | 15,300 Sq. Ft |
| 530 Melaleuca Ln, Miami, FL, 33137 | $8,300,000 | 3 | 3 | 2,497 | 24,376 Sq. Ft |
| 650 NE 32nd St #4306, Miami, FL, 33137 | $895,000 | 2 | 2 | 1,067 | -- |
| 770 Lake Road, Miami, FL, 33137 | $28,750,000 | 6 | 7 | 5,421 | 12,740 Sq. Ft |
| 680 Buttonwood Lane, Miami, FL, 33137 | $10,800,000 | 5 | 6 | 3,645 | 16,886 Sq. Ft |
| 630 NE 52nd Terrace, Miami, FL, 33137 | $2,390,000 | 3 | 2 | 2,330 | 8,800 Sq. Ft |
| 621 NE 57th Street, Miami, FL, 33137 | $2,000,000 | 4 | 4 | 2,633 | 10,810 Sq. Ft |
| 601 NE 56th Street, Miami, FL, 33137 | $7,900,000 | 7 | 8 | 5,374 | 8,869 Sq. Ft |
| 700 NE 24th Street #4601, Miami, FL, 33137 | $2,999,000 | 4 | 6 | 2,663 | 2,279 Sq. Ft |
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ByOwner last updated this listing 09/20/2026 @ 22:13
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