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171 NW 47th StMiami, FL 33127

For Sale

$1,099,999

Smart Buyer Rebate $11,000

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 Olympus Financial (NMLS #2469800). Buyer not required to use; ABA disclosure provided. Listing agent holds an ownership interest.

Listed by Joshua Jankelow

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License #3568304

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LoKation

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312-607-2113

Last updated July 30, 2026

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Source: MIAMIRE #A12062218

Listing Facts

  • TypeMulti-family
  • NeighborhoodBuena Vista Heights
  • Days on Prevu2
  • Taxes$16,109/year
  • Size1,540 sqft
  • Price per sqft$714

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

07/30/2026
Listed by LoKation
$1,099,999

Property Details for 171 NW 47th St

Association

General

  • Number Of Units In Community: 2

Exterior

Construction

  • Property Condition: Substantially Remodeled
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Duplex
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Year Built: 1980
  • Year Built Details: Effective Year Built
  • Architectural Style: Detached
  • Building Name: SHADOWLAWN EXTENSION SUB
  • Construction Materials: Concrete Block Construction, CBS Construction
  • Exterior Features: Barbeque, Exterior Lights

Features

  • Fencing: Fenced
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Patio

Measurements

  • Building Area Total: 1,652
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot, Regular Lot, West Of US 1
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-24-016-1080
  • Tax Annual Amount: $16,109.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Tile

Measurements

  • Living Area: 1,540
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: SHADOWLAWN EXTENSION SUB

Parking

Parking

  • Parking Total: 4

Utilities

Equipment

  • Cooling: Central Air, Other, Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 171 NW 47th St.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 171 NW 47th St.

What are the annual taxes for 171 NW 47th St?

Annual taxes for this multi-family home are estimated at $16,109.

How does 171 NW 47th St compare to other multi-family homes in Miami?

This multi-family home is listed 36% below the average price for multi-family homes in Miami and has been on the market for 151 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the SHADOWLAWN EXTENSION SUB building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,540 sqft.

171 NW 47th St is a -bedroom multi-family home for sale in Miami FL 33127. Available on Prevu for 2 days at $1,099,999. This property features 1,540 square feet of living space, located in Miami. The median listing price for multi-family homes in this area is $635,000. The home offers private outdoor space, pets allowed, air conditioning, and parking. Explore more multi-family home listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.