84 NW 47th St

Single Family Home

84 NW 47th St

$1,200,000

84 NW 47th St, Miami, FL, 33127

84 NW 47th St photo 1
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LIST PRICE$1,200,000Price Reduced: -$800K
BEDROOMS4
BATHROOMS3
HOUSE sq ft1,832
LOT sq ft5,000

Take a closer look

HOA: request current costs · Last reported tax: $2,428/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$7,183/mo

Principal & interest$6,380
Property taxfrom listing$202
Homeowners insuranceestimate$600

$240,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

This property is for the buyer who understands where Miami is going next. This unique home is filled with character, featuring a distinctive layout, mature exotic trees, and a level of individuality that is increasingly difficult to find in Miami. In addition to the main residence, the property also features a detached rear in-law unit with 1 bedroom and 1 bathroom, offering added flexibility for guests, extended family, a home office, or potential supplemental use subject to applicable zoning and rental regulations. Located in the rapidly changing Buena Vista neighborhood, the property is positioned near Midtown, Wynwood, the Miami Design District, Midtown shopping, Little Haiti, and the El Portal community, while also providing convenient highway access to South Beach, Brickell, Downtown Miami, and other major destinations. The surrounding area continues to experience strong investment, redevelopment, and rising property values, making this an opportunity for a sophisticated buyer who sees beyond current market value and recognizes the long-term potential of owning property in one of Miami’s fastest-evolving corridors. This is about location, scarcity, character, and future upside—get in now before continued growth and appreciation make opportunities like this even harder to acquire. A developer could also view the property as a redevelopment opportunity, whether by renovating and flipping the existing home to capitalize on its character, detached in-law unit, and location, or by replacing it with a new modern residence designed to meet the growing demand for luxury homes in the Buena Vista area.

Property Details

$1,200,000Price Reduced: -$800K
Property Type
Residential
Subtype
Single Family Residence
Year Built
1925
Status
Active
MLS #
A12083621
Living Area
1,832 sq ft
$/Sq Ft (Living)
$655
Lot Size
5,000 sq ft
$/Sq Ft (Lot)
$240
Annual Taxes
$2,428
Days on Market
33

Location Scores

Location

84 NW 47th St, Miami, FL, 33127