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
Listing Provided Courtesy of Gold Group Real Estate LLC at 786-216-8184
Property Details
Price:
$2,385,000
MLS #:
A12090229
Status:
Active
Beds:
6
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SHADOWLAWN
Neighborhood:
2310
Listed Date:
Sep 22, 2026
Finished Sq Ft:
3,018
Total Sq Ft:
3,018
Lot Size:
266,587,200 sqft / 0.14 acres (approx)
Year Built:
1924
See this Listing
Schools
Middle School:
Jose De Diego
High School:
Booker T. Washington
Interior
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Bathrooms
5 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central
Levels
Two
Exterior
Association Amenities
Other
Construction Materials
CBS
Direction Faces
East
Exterior Features
Balcony
Parking Features
Driveway
Patio And Porch Features
Patio
Roof
Flat
Security Features
Smoke Detector(s)
View
Other
Financial
Tax Year
2025
Taxes
$13,372
Map
Community
- Address137 NE 47th Street Miami FL
- SubdivisionSHADOWLAWN
- CityMiami
- CountyMiami-Dade
- Zip Code33137
Market Summary
Current real estate data for Single Family in Miami as of Oct 28, 2026
2,924
Single Family Listed
45
Avg DOM
563
Avg $ / SqFt
$1,439,964
Avg List Price
Property Summary
- Located in the SHADOWLAWN subdivision, 137 NE 47th Street Miami FL is a Single Family for sale in Miami, FL, 33137. It is listed for $2,385,000 and features 6 beds, 5 baths, and has approximately 3,018 square feet of living space, and was originally constructed in 1924. The current price per square foot is $790. The average price per square foot for Single Family listings in Miami is $563. The average listing price for Single Family in Miami is $1,439,964.
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