2126 NW 47th Terrace, Miami, FL 33142

Property Description

New price reduction on this awesome investment opportunity. Spacious Miami duplex New roof, updated windows, fresh paint, and stucco. Separate HVAC and FPL meters; shared water meter. Ample parking inside gate and in front. Unit A is partially furnished, currently vacant. Unit B is unfurnished, currently leased. High-demand area, close to highways, hospitals Drive by, but please do not disturb tenants. Proof of funds and approval letter required, NAR form by your buyer and proof of deposit prior to any showings. 48 HOUR NOTICE FOR ANY SHOWINGS after required documents submitted. Showing 10am-3pm and Monday through Friday with 24 hour notice and pre approval letter for back unit. Only back unit rented, Front unit 3/1 vacant. Income-producing Miami duplex with value-add upside and a vacant owner’s unit.Located in Earlington Heights, this concrete block duplex offers a clean, simple layout: a 3-bed/1-bath front unit and a 1-bed/1-bath rear unit, all on one story. The property has a new roof, updated windows, fresh exterior paint and stucco, and gated parking for multiple vehicles.Each unit has its own central A/C and FPL electric meter, with a shared water meter paid by the owner. Flooring is low-maintenance vinyl, and there is ample parking both inside the gate and on the street.Unit A (front 3/1) – currently vacant and partially furnished, ready for an owner-occupant or new tenant. This unit is ideal for travel nurses, medical professionals, students, or agency/corporate housing given the quick access to major hospitals and Miami’s urban core.Unit B (rear 1/1) – currently leased, providing immediate in-place income while you reposition the front unit.The location is a major value driver:• Minutes to I-95, SR-112, Miami International Airport• Close to Jackson/UM Health District, Wynwood, Design District, Allapattah, and Downtown• Strong rental demand and historically low vacancy in the areaWith realistic market rent for the front 3/1 in the low-to-mid $3,000s, this property can reach $5,000+ in gross monthly income, giving investors a solid GRM at this price point with further upside over time.Whether you’re house-hacking, adding to a portfolio, or exchanging out of a condo or single-family, this duplex offers central location, clean mechanicals, and stable income without the headache of a large building.Showings by appointment only; please do not disturb tenant.