SHADOWLAWN

137 NE 47th St, Miami FL 33137

6 beds · 5 baths · 3,018 ft²

For Sale · Active Listing

$2,385,000

Est. Payment $12,694/mo

MLS Sheet Video

6

Bedrooms

5

Bathrooms

3,018

Sq. Ft.

1924

Year Built

0

Days on Market

Description

Excellent multifamily investment opportunity in a prime Miami location, currently generating $8,500 per month in rental income! The property features a spacious main residence with 4 bedrooms and 3 bathrooms, plus a separate structure offering 1 bedroom and 1 bathroom. An additional storage area provides the potential to be converted into a separate studio, creating the possibility of a three-unit configuration. With multiple living spaces and strong existing rental income, this property offers excellent flexibility for investors, owner-occupants, multigenerational living, or continued rental use. Conveniently located near the Design District, Midtown, Wynwood, Miami Beach, Downtown Miami, and major highways. A unique opportunity to own a versatile income-producing property in one of Miami’s rapidly evolving areas. Not available to show, rented until February 2027

Facts

MLS#
A12090229
Subdivision
SHADOWLAWN
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1924
Lot Size
6,120 ft²
Sq. Ft.
3,018 ft²
Sq. Mt.
280 m²
Price per sq. ft.
$790/ft²
Price per sq. mt.
$8,518/m²
Stories
Garage
Pool
Days on Market
Listed
Sep 16, 2026
Last Updated
Sep 17, 2026
Price/Lot Sq.Ft.
$390/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

36

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

9/16/2026Listed for sale$2,385,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

137 NE 47th St, Miami FL 33137Directions

Estimated Monthly Payment

$14,831/mo

Principal & Interest

$12,694

Property Tax

$1,988

Insurance

$150

HOA

$0

20% ($477,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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 and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated 14 hours ago

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137 NE 47th St, Miami FL 33137 | $2,385,000 | Rangely Adames Miami Real Estate