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2126 NW 47th Ter
Miami, FL 33142
2126 NW 47th Ter, Miami, FL 33142-4021 · Multifamily Property For Sale · 2 Units

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INVESTMENT HIGHLIGHTS

  • Value-Add Duplex in Prime Miami Submarket – Located near major highways, hospitals, and employment centers in a high-demand rental corridor.
  • Strong Unit Mix with Immediate Upside – Front 3 Bed / 1 Bath unit is vacant , rear 1 Bed / 1 Bath unit is currently leased, providing in-place income.
  • Ample Gated & Street Parking – On-site gated parking plus additional street parking, a valuable amenity in this market.
  • Major Recent Capital Improvements – New roof, updated windows, fresh interior/exterior paint, and new stucco, minimizing near-term capital expenditure
  • Efficient Operations – Separate HVAC systems and FPL electric meters for each unit (shared water meter) enhance tenant appeal and expense control.
  • Its strategic location near hospitals, transit & employment centers, Ideal for travel nurses, medical professionals & mid-term rental strategies.

EXECUTIVE SUMMARY

Spacious Miami Duplex | Value-Add Investment Opportunity. This well-maintained Miami duplex presents a compelling value-add investment in a high-demand submarket near major highways, hospitals, and employment centers. Recent capital improvements include a new roof, updated windows, fresh interior and exterior paint, and new stucco, significantly reducing near-term capital expenditures.
The property consists of two separate units with independent HVAC systems and separate FPL electric meters (shared water meter), offering operational efficiency and tenant appeal.
Front Unit (3 Bed / 1 Bath): Vacant, partially furnished — ideal for immediate lease-up, mid-term rental, or owner-user flexibility.
Rear Unit (1 Bed / 1 Bath): Currently leased, providing in-place income from day one.
Ample on-site parking is available both inside the gated property and along the front, a strong advantage in this area. The location is highly attractive to medical professionals, travel nurses, students, and workforce tenants, given its proximity to hospitals and major transportation corridors. Potential alternative uses such as mid-term housing or small recovery housing may be explored by the buyer, subject to zoning and municipal approval. Drive-by only. Please do not disturb tenants. This asset offers stable cash flow with upside potential through the vacant front unit, making it an excellent opportunity for investors seeking a low-maintenance property in a strong and growing Miami rental market.

PROPERTY FACTS

Price Per Unit $430,897 CAD
Sale Type Investment
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Garden
Lot Size 0.10 AC
Building Size 1,560 SF
Average Occupancy 50%
No. Stories 1
Year Built 1963
Opportunity Zone Yes
Zoning 5700/DUPLEXES - GENERAL - Land Use: MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Tub/Shower
  • Lawn

SITE AMENITIES

  • Fenced Lot

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 1 - -
1+1 1 - -
  • Listing ID: 39005454

  • Date on Market: 2026-01-07

  • Last Updated:

  • Address: 2126 NW 47th Ter, Miami, FL 33142

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