137 47th Street, Miami, FL 33137

$2,385,000 — Active

Property Features

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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

Property Details

  • Listing ID: A12090229
  • Status: Active
  • Listing Date: 2026-09-16
  • Property Type: Single Family Residence
  • Subdivision: SHADOWLAWN
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 6
  • Full Bathrooms: 5
  • Living Area Sq Ft: 3,018
  • Year Built: 1924

Financial

  • List Price: $2,385,000
  • HOA Fee: None
  • Taxes: $13,372/yr

Features & Amenities

  • View: Other
  • Parking: Driveway
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Ceramic Tile
  • Construction: CBS
  • Roof: Flat
  • Exterior Features: Balcony
  • Community Amenities: Other

Courtesy of Gold Group Real Estate LLC
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.