Incredible TRIPLEX Investment opportunity with Two buildings on One Lot! 8.5% CAP RATE!! Fully renovated triplex with strong income potential in turn-key condition. Front building features a spacious newly renovated 4BR/2BA house with carport. Rear building is a 2-story duplex with two updated units, each with full kitchens, private entry and laundry room. All units have been newly remodeled with new kitchens, baths, flooring, paint, and major system upgrades. Turnkey investment, ideal for owner-user or investor. Strong rental potential and low maintenance. Total projected income: $8,000/mo. Great area with easy access to Downtown, 15 Min drive to Miami Beach, plenty of shopping, and public/private schools. Don’t miss this move-in-ready asset with income-producing opportunity! Call to See!
Lexico Realty Inc
Features & Details
Learn about the features and details of 1824 NW 47th St
Property Details
Property Type
Triplex
Living Area
1,976 sqft
Year Built
1957
Lot Size
-
Stories
-
Annual Tax
$2,593.00
List Date
5/7/2025
Updated
6/10/2025
Last Checked
Recent
MLS Number
#A11799088
Brokerage
Lexico Realty Inc
Postal Code
33142
Area
Miami-Dade
City
Miami
Additional Property Features
Occupancy
CallAgent
List Price
$950,000.00
Unit Number
-
Construction
Block
Heating
Central
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air, Other
Elevator
No
Locker
No
Swimming Pool
None
Patio
Deck,Open,Patio,Porch
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
Price history
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Mortgage Calculator
Estimate monthly payments for 1824 47th St
20.5%100%
30 Years
Estimated Monthly Payment
$3,827
Cash Flow Analysis
Mortgage Payment:
$3,827
Monthly Payment:
$4,043.08
Break Even Down Payment:
100%
Cash Flow
$0
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Discover this exceptional triplex in the heart of Miami. This well-appointed property offers 1,976 square feet of living space. Originally built in 1957. Offered at $950,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.