$599,900

1922 47th Ter, Miami, FL 33142

Bedrooms
3
Baths
3
Living area
1,092 ft²
Price per ft²
$549 / ft²
Type
Single-Family Home
Year built
1926
On market
8 days on market
MLS #
A12088448

MOVE-IN READY MIAMI HOME WITH FLEXIBLE IN-LAW/INCOME-PRODUCING SPACE! Beautifully renovated 3-bedroom, 3-bath home offering approximately 1,317 sq. ft. of living space on a 4,796 sq. ft. lot, combining modern finishes, major system upgrades and an incredibly versatile layout. A standout feature is the approximately 300 sq. ft. rear portion of the home, designed so that closing just one interior door creates a private efficiency-style space with its own exterior entrance, dedicated A/C unit and plumbing already in place for a future kitchenette. Ideal for extended family, guests, a private home office or other permitted use—while still functioning seamlessly as part of the main home when desired. Buy with confidence knowing the expensive improvements have already been completed: NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW A/C SYSTEM WITH WARRANTY AND IMPACT WINDOWS. The home features a fresh contemporary renovation, polished concrete flooring, stylish bathrooms, modern lighting and an open, functional layout. And then there’s the location: minutes from Wynwood and the Miami Design District, with convenient access to Miami International Airport, Downtown Miami, major highways, dining, shopping and entertainment. Perfect for a first-time buyer who wants a renovated home with flexibility, a multigenerational household, or a buyer looking for a property that can adapt as their needs change. Everything has been done—move in and start enjoying Miami living from day one.

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 $549. The median for recorded sales in the same ZIP codes is $760/ft² — putting it 28% below the median.
  • Position in the area’s price distributionThe asking price is $599,900; the median of recorded sales in the area is $577,000 (699 sales). On raw price that is 4% 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%$179,970
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$2,780
Loan amount
$419,930
Total interest over the term
$580,768
Total repaid
$1,000,698

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

Opulent Real Estate, 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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