171 NW 47th St, Miami, FL, 33127
About This Home
Rare find in the heart of Buena Vista: a full ground-up renovation completed in 2022, with over $100K in improvements since. Two private 2BR/1BA units, separate entrances, 1,540 sf living (1,652 sf total) on a 5,000 sf lot (can be delivered vacant). The rear unit reads like a boutique hotel: Italian flooring, custom millwork and built-ins, a spa shower with lit niches, high-end appliances. Out back, a landscaped oasis under 50+ palms with an outdoor lounge and dining area - a true private retreat in the middle of the city. Live in one, rent the other, or run both. Prior owner's records reflect short-term rental income upwards of $10,000/month, achieved before the current improvements. The next owner sets the terms from day one. Walk to the Design District, Wynwood and Midtown; 10-15 minutes to South Beach. Same-size lots on this block are trading as new-construction luxury homes at $3M+ - own the income today and the upside tomorrow. Seller-paid buydown and specialty financing available at full price through affiliated lender. Buyer not required to use; ABA disclosure provided. Listing agent holds an ownership interest.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1980
Materials
- Roof: Shingle
- Construction materials: Concrete Block Construction,CBS Construction
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Door features: High Impact Doors
- Window features: Complete Impact Glass,Blinds,High Impact Windows
- Flooring: Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Other,Wall/Window Unit(s)
Interior Area
- Total structure area: 1,652
- Total interior livable area: 1,540 sqft
Property
Details
- Parcel number: 0131240161080
- Zoning: 0104
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Barbecue,Lighting
- Fencing: Fenced
Lot
- Features: Less Than 1/4 Acre Lot,Regular Lot,West Of US 1
Parking
- Total spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Cold Wave
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $268 | $3,216 |
| Property Taxes | $1,905 | $22,860 |
| Electricity | $197 | $2,366 |
| Total | $7,932 | $95,184 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Listed for sale | $1,099,999 |
| 2025-02-25 | Listing removed | $1,100,000 |
| 2024-09-11 | Listed for sale | $1,100,000 |
| 2024-08-27 | Listing removed | -- |
| 2024-08-13 | Listed for sale | $1,075,000 |
| 2022-12-05 | Listing removed | -- |
| 2022-11-15 | Price change | $1,095,000 |
| 2022-10-24 | Listed for sale | $1,195,000 |
| 2022-10-20 | Listing removed | -- |
| 2022-10-12 | Listed for rent | $3,999 |
| 2022-10-04 | Sold | $870,000 |
| 2022-09-11 | Pending sale | $870,000 |
| 2021-09-02 | Sold | $445,000 |
| 2021-08-16 | Contingent | $497,000 |
| 2021-06-01 | Listed for sale | $497,000 |
| 2021-05-24 | Contingent | $497,000 |
| 2021-04-02 | Listed for sale | $497,000 |
| 2020-02-10 | Sold | $225,100 |
| 2007-01-09 | Sold | $235,000 |
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