Price: $1,250,000
MLS Number: A11207454
 Single Family - SOLD
37 NW 47th St, Miami, Florida 33127 USA
 Beds: 6
 
 Baths: 3
 
 Living Area: 1,795
 Lot Square Feet: 5,000
 
 HOA Fees: 
 
 Year Built: 1930
 Community: SHADOWLAWN EXTENSION SUB
 
 Subdivision: SHADOWLAWN EXTENSION SUB
 Date Sold: 08/01/2022
 
About this Property
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.

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MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Compass Florida, LLC.
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