137 NE 47th Street, Miami, FL 33137

$2,385,000 · Active

  • 6 beds
  • 5 baths
  • 3,018 sq ft
  • Single Family Residence
  • Built 1924
  • Lot 6,098.4 sq ft
  • MLS# A12090229
  • Shadowlawn
Photo 1 at 137 NE 47th Street, MiamiPhoto 2 at 137 NE 47th Street, MiamiPhoto 3 at 137 NE 47th Street, MiamiPhoto 4 at 137 NE 47th Street, MiamiPhoto 5 at 137 NE 47th Street, MiamiPhoto 6 at 137 NE 47th Street, MiamiPhoto 7 at 137 NE 47th Street, MiamiPhoto 8 at 137 NE 47th Street, Miami

About this home

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

Features

Schools

  • Middle: Jose De Diego
  • High: Booker T. Washington

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Gold Group Real Estate LLC · Listing agent: Nicola Rubino

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 137 NE 47th Street.

Questions About 137 NE 47th Street

How much is 137 NE 47th Street?
137 NE 47th Street is listed at $2,385,000, which is about $790 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 137 NE 47th Street?
The listing reports annual property taxes of $13,372 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 137 NE 47th Street built?
137 NE 47th Street was built in 1924 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 137 NE 47th Street been on the market?
137 NE 47th Street has been listed for 7 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 137 NE 47th Street?
The MLS lists Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 137 NE 47th Street?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 3 bedroom home at 630 NE 52nd Terrace, Miami, FL 33137 is comparable and listed for sale at $2,390,000. Another comparable home, 800 NE 72nd Street, Miami, FL 33138, sold for $2,375,000 in September 2026. Miami neighborhoods include Calusa and Kendale Lakes. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Miami Beach, and Bal Harbour. Compare it with the Miami housing market report.