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Single Family Residence
$745,500$631 / sqft
583 NW 47th Ter, Miami FL 33127
Listed
3
Bedrooms
2
Bathrooms
1,182 sqft
Interior
1936
Year built
None
HOA
Single Family Residence
Type
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!
Features
- Den/Library/Office
- Family Room
- Separate Guest/In-Law Quarters
- Maid/In-Law Quarters
- Utility Room/Laundry
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.