171 NW 47th St, Miami FL 33127

Located in the heart of Buena Vista, this detached duplex in Shadowlawn Extension Sub offers a rare combination of income potential, design, and location. Originally built in 1980, the property underwent a complete ground-up renovation in 2022, followed by more than $100,000 in additional improvements.

The residence includes two private 2-bedroom, 1-bath units with separate entrances, offering 1,540 square feet of living space and 1,652 square feet in total on a 5,000-square-foot lot. The property can be delivered vacant, giving the next owner complete flexibility to live in one unit, rent the other, or operate both as income-producing residences.

The rear unit feels like a boutique hotel, featuring Italian flooring, custom millwork, built-ins, high-end appliances, and a spa-inspired shower with illuminated niches. Outside, a landscaped oasis with more than 50 palm trees creates a peaceful private retreat, complete with an outdoor lounge, dining area, barbecue, and exterior lighting.

According to the prior owner’s records, short-term rental income reached more than $10,000 per month before the latest improvements. Nearby lots of similar size are trading as new-construction luxury homes for more than $3 million, highlighting the future upside of this Miami property.

From 171 NW 47th St, Miami FL 33127, you can walk to the Design District, Wynwood, and Midtown, while South Beach is only 10 to 15 minutes away. Enjoy Miami’s year-round warm weather, beautiful beaches, vibrant nightlife, world-class dining, arts, shopping, and excellent transportation access throughout Miami-Dade County.

The home features central heating, central air conditioning, plus other cooling options including wall and window units. Seller-paid buydown and specialty financing may be available at full price through affiliated lender Olympus Financial, NMLS 2469800. Buyer is not required to use the lender. ABA disclosure provided. Listing agent holds an ownership interest.

For details or to schedule a private showing, call or text +1 786.468.4380 via Tel or WhatsApp.