84 NW 47th StMiami, FL 33127

Description

This property is for the buyer who understands where Miami is going next. This unique home is filled with character, featuring a distinctive layout, mature exotic trees, and a level of individuality that is increasingly difficult to find in Miami. In addition to the main residence, the property also features a detached rear in-law unit with 1 bedroom and 1 bathroom, offering added flexibility for guests, extended family, a home office, or potential supplemental use subject to applicable zoning and rental regulations. Located in the rapidly changing Buena Vista neighborhood, the property is positioned near Midtown, Wynwood, the Miami Design District, Midtown shopping, Little Haiti, and the El Portal community, while also providing convenient highway access to South Beach, Brickell, Downtown Miami, and other major destinations. The surrounding area continues to experience strong investment, redevelopment, and rising property values, making this an opportunity for a sophisticated buyer who sees beyond current market value and recognizes the long-term potential of owning property in one of Miami’s fastest-evolving corridors. This is about location, scarcity, character, and future upside—get in now before continued growth and appreciation make opportunities like this even harder to acquire. A developer could also view the property as a redevelopment opportunity, whether by renovating and flipping the existing home to capitalize on its character, detached in-law unit, and location, or by replacing it with a new modern residence designed to meet the growing demand for luxury homes in the Buena Vista area.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Detached / OneStory

Year built

1925

Living area

1,832 Sq Ft

Lot size

5,000 Sq Ft

Days on market

70

MLS^® Listing#

A12083621

Property Features

Interior

Master Downstairs

Exterior

None

Appliances

Dryer · Electric Range · Microwave · Refrigerator · Washer

Cooling

Central Air · Ceiling Fan(s)

Heating

Central

Flooring

Tile

Pool

None

Parking

None · On Street

Laundry

Washer Hookup

Construction

Block

Roof

Other

Security

Smoke Detector(s)

Other structures

Guest House

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Shadowlawn

High

Miami Edison

Financial Details

HOA

Yes

Annual taxes

$2,428Tax year 2025

Parcel number

01-31-24-016-1450