How much is 583 NW 47th Terrace?

583 NW 47th Terrace is listed at $745,500, which is about $631 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 583 NW 47th Terrace?

The listing reports annual property taxes of $11,653 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 583 NW 47th Terrace built?

583 NW 47th Terrace was built in 1936 and the listing describes its condition as resale updated/remodeled. 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 583 NW 47th Terrace been on the market?

583 NW 47th Terrace has been listed for 51 days, and the asking price has been reduced from $747,500. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 583 NW 47th Terrace?

The MLS lists Shadowlawn (elementary), Jose De Diego (middle), Miami Edison (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 583 NW 47th Terrace?

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.

583 NW 47th Terrace, Miami, FL 33127

$745,500 · Active

3 beds
2 baths
1,182 sq ft
Single Family Residence
Built 1936
Lot 4,791.6 sq ft
MLS# A12064317
Bay Vista Park Amd Pl

Virtual Staging at 583 NW 47th Terrace, Miami

About this home

Move in ready home in Buena Vista! Great opportunity just minutes from Wynwood, centrally located. New developments are selling for upwards of 1.7M+ and up making this a perfect Buy and Hold investment with absolutely no work to be done! This home will not disappoint, beautiful foyer with large windows, lots of natural light. Cozy home, vinyl flooring throughout, a beautiful fireplace, bedrooms are a good size. Main House is a 2bd 2 bath plus an additional flex room could be used as a home office, playroom, gym, media room, or guest space, and it has a detached structure (in-laws quarter 1/1). Lots of possibilities! Great for a large family or investor, looking for a quick rental while working on a future development play. New roof installed 2025, windows are NOT new but do have accordion shutters in place. Easy to show!

Schools

Elementary: Shadowlawn
Middle: Jose De Diego
High: Miami Edison

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Jade International Realty LLC · Listing agent: Carla Martinez

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 583 NW 47th Terrace.

Questions About 583 NW 47th Terrace

How much is 583 NW 47th Terrace?: 583 NW 47th Terrace is listed at $745,500, which is about $631 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 583 NW 47th Terrace?: The listing reports annual property taxes of $11,653 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 583 NW 47th Terrace built?: 583 NW 47th Terrace was built in 1936 and the listing describes its condition as resale updated/remodeled. 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 583 NW 47th Terrace been on the market?: 583 NW 47th Terrace has been listed for 51 days, and the asking price has been reduced from $747,500. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 583 NW 47th Terrace?: The MLS lists Shadowlawn (elementary), Jose De Diego (middle), Miami Edison (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 583 NW 47th Terrace?: 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 4 bedroom home at 16820 SW 108TH Avenue, Miami, FL 33157 is comparable and listed for sale at $745,000. Another comparable home, 235 NW 59th Street, Miami, FL 33127, sold for $618,500 in September 2026. Other Miami neighborhoods include Grapeland Heights and Flagami. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Miami Beach, and Coconut Grove. Compare it with the Miami housing market report.