137 NE 47th St, Miami, FL 33137

About 137 NE 47th St, Miami, FL 33137

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

How This Listing Compares in Miami

Per square foot, it is asking 99% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 137 NE 47th St, Miami, FL 33137

Bathrooms Full

5

Bathrooms Half

0

Interior Features

First Floor Entry, Family Room, Separate Guest/In-Law Quarters

Appliances

Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

Flooring

Ceramic Floor

Heating

Central

Cooling

Central Air

Architectural Style

Attached, Two Story

Garage Spaces

0

Parking Features

Driveway

Pool Features

In Ground

Pool Private

No

Year Built Details

Resale

Direction Faces

East

The Building at 137 NE 47th St, Miami, FL 33137

Building Name

SHADOWLAWN

Building Area Total

3018

Building Area Units

Square Feet

Association

No

Security Features

Smoke Detector

Lot, Views & Construction at 137 NE 47th St, Miami, FL 33137

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

6,120

Waterfront

No

View

Other

Construction Materials

CBS Construction

Roof

Flat Roof With Facade Front

Exterior Features

Open Balcony

Sewer

Public Sewer

Water Source

Municipal Water

New Construction

No

Taxes & Public Record for 137 NE 47th St, Miami, FL 33137

Parcel Number

01-31-24-017-0350

Tax Annual Amount

$13,372

Tax Year

2,025

Tax Legal Description

SHADOWLAWN PB 6-47 LOT 11 BLK 2 LOT SIZE 60.000 X 102 OR 21199-3502 04 2003 1 COC 23908-4653 10 2005 4

Zoning

5700

County Or Parish

Miami-Dade County

Map & Neighborhood