1166 NW 47th Terrace

4-bedroom house for sale in Miami

$529,000
Price
Beds
4
Baths
2
Living Area
1548 Sq. Ft
Price per Sq. Ft.
$342
Living Area м2
144 м2
Price per м2
$ 3 678
Overview:
Living Area 1548 Sq. Ft.
Living Area м2 144 м2
Days On Market 176
Tax Annual Amount 5449
Furnished? Not furnished
Pets Allowed NoPetRestrictions,Yes
Year Build 1958
MLS# A11596451

Description:

Investors only, please - home is tenant occupied at $3,686 through 4/4/25. 7% cash ROI based on 2023 rents, taxes & insurance. Large 1,500+ square foot 4 bed 2 bath single family home. Renovation upside, in an IRS Opportunity Zone w/ ROI of 7% at current HUD Section 8 rents. Screened in porch, dining room & laundry room w/ storage. Central AC, wood & tile floors, ceiling fans, upgraded kitchen & hurricane impact windows. Plenty of closet space! One bedroom has a separate entrance. Fenced lot w/ front & back yards & gated driveway. Backyard may have room for a deck, small pool, additional parking, RVs or a boat with alley access. Tented for termites in 2023. Paradise for parents - elementary and middle schools are across the street. 2023 taxes = $5,827 & insurance $1,654 (no wind.)

Property Features:

Address
FL, Miami
Street Name
47th Terrace
Street Number
1166
Property Type
Residential / Single Family Residence
View
Garden
Window Features
Impact Glass
Architectural Style
Detached, OneStory
Flooring
Tile, Wood
Cooling
Central Air, Ceiling Fans
Last Modification
2024-06-04 12:58:12
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Exterior Features
  • EnclosedPorch
  • Fence
  • FruitTrees
  • Lighting
  • RoomForPool
Interior Features
  • Bedroomon Main Level
  • FirstFloorEntry
  • Living Dining Room
  • MainLevelPrimary
Appliances
  • Dryer
  • Electric Range
  • Refrigerator
  • Washer
Parking Features
  • Driveway
  • OnStreet
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