SHADOWLAWN — 137 NE 47th St

Listing details

Address

137 NE 47th St

Price

$2,385,000

Status

Active for sale

Bedrooms

6

Bathrooms

5

Living area

3,018 sq ft

Year built

1924

Days on market

22

Listing description

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