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Homes for sale in Miami
Single Family Residence

137 NE 47th St

Miami, FL 33137
$2,385,000
Beds
6
Baths
5
Sq ft
3,018
Year built
1924
Price per sq ft
$790

Listing courtesy of Nicola Rubino, Gold Group Real Estate LLC

About this home

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

Details

Property

Type
Single Family Residence
Style
Attached, Two Story
Building
Pool Only
Year built
1924
Lot size
6,120 sq ft
Building name
SHADOWLAWN
Subdivision
SHADOWLAWN
County
Miami-Dade County
Faces
East
Flood zone
X

Interior

Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Flooring
Ceramic Floor
Cooling
Central Air
Heating
Central
Features
First Floor Entry, Family Room, Separate Guest/In-Law Quarters

Exterior and parking

Exterior
Open Balcony
Patio and porch
Open Balcony, Patio
Pool
In Ground
Parking
Driveway
Construction
CBS Construction
Roof
Flat Roof With Facade Front

Community and fees

Security
Smoke Detector
Annual taxes
$13,372
Terms
All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 18, 2026.