$699,000

2729 47th St, Miami, FL 33142

Living area
1,485 ft²
Price per ft²
$471 / ft²
Type
Duplex
Year built
1958
On market
246 days on market
MLS #
A11955083

Excellent investment opportunity in the heart of Miami! well-maintained duplex featuring two units with separate electric meters, renovated spaces including the kitchens, flooring, and roofs. This property offers a strategic location with easy access to major highways. Situated just minutes from Wynwood, Downtown Miami, and the Metrorail, it promises solid returns. Currently occupied by tenants under lease, generating a total monthly income of $6,850. Spacious backyard with multiple potential uses. Ideal for investors seeking a property with immediate cash flow. Don't miss out on this investment opportunity in one of Miami's fastest-growing areas!

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $471. The median for recorded sales in the same ZIP codes is $715/ft² — putting it 34% below the median.
  • Position in the area’s price distributionThe asking price is $699,000; the median of recorded sales in the area is $575,000 (729 sales). On raw price that is 22% above the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33127, 33136, 33142 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$209,700
Term

7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.

Estimated monthly payment$3,265
Loan amount
$489,300
Total interest over the term
$686,168
Total repaid
$1,175,468

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

United Realty Group Inc

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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