Home » Properties » 418 NW 47th St, Miami FL 33127

23cdfc2fc27a326c67494183699818a3_23cdfc2fc27a326c67494183699818a3-m1_c49af6da4866c332149d71d50c3c93b6-83dcefb7

23cdfc2fc27a326c67494183699818a3_23cdfc2fc27a326c67494183699818a3-m6_aab2c3e62cf2554c333dfbf55684e21d-1db87a14

23cdfc2fc27a326c67494183699818a3_23cdfc2fc27a326c67494183699818a3-m7_71beb24212e26e26f6ad3c9b2a762f3b-6abf4a82

23cdfc2fc27a326c67494183699818a3_23cdfc2fc27a326c67494183699818a3-m8_5710a00680b1e83658084d38f554f2ec-fa005713

23cdfc2fc27a326c67494183699818a3_23cdfc2fc27a326c67494183699818a3-m9_3cc28c974c21ce72dd1103cfa5076dcd-8d076785

23cdfc2fc27a326c67494183699818a3_23cdfc2fc27a326c67494183699818a3-m10_e058dc9cb4039a3b1cfd39831e68293b-a15d25e1

418 NW 47th St Miami FL 33127 - Quadruplex Income Property

Fully renovated quadruplex in Miami, minutes from Midtown and South Beach. Active rental income with landlord-paid utilities.

$1,500,000

Interested in this property?

Contact our team to schedule a private tour or request additional information about this property.

Schedule a Tour Contact Agent

$ Mortgage Calculator ● WhatsApp

Florida Local Time --:--

MLS #A11621180

Listing Updated: 2026-07-17 00:41:17

Listed By: EXP Realty LLC

Overview

Located at 418 NW 47th St in Miami, this fully renovated quadruplex offers 3,050 sqft of residential income space. Built in 1952, the property is strategically positioned minutes from Midtown, Miami Beach, South Beach, and Downtown Miami, providing excellent access to key city destinations. Currently fully rented, this property presents an opportunity for buyers seeking a stable income stream. The landlord covers electric and water bills, simplifying management. With its prime location and updated condition, this quadruplex suits buyers interested in a turnkey income property in a vibrant Miami neighborhood.

Property Highlights

Fully renovated quadruplex; 3,050 sqft; minutes from Midtown and Miami Beach; fully rented; landlord pays utilities; built in 1952.

Property Details

City: Miami

State: FL

Zip Code: 33127

Address: 418 NW 47th St, Miami FL 33127

Year Built: 1952

Property Type: Residential Income

Property Sub Type: Quadruplex

Listing Office Name: EXP Realty LLC

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features: Other

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $16,294

Days On Market: 696 Days

Original Listing Description

This unit is minutes away from Midtown, Miami Beach, South Beach, Downtown Miami! This is a cash cow! Completely Renovated and Fully Rented! Landlord pays electric and water bill.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

418 NW 47th St, Miami FL 33127

About This Neighborhood

Situated in Miami’s vibrant 33127 ZIP code, this property benefits from proximity to Midtown, Miami Beach, and Downtown Miami. The neighborhood blends residential charm with urban convenience, featuring easy access to shopping, dining, and entertainment. Its central location allows residents and tenants to enjoy a variety of cultural and recreational amenities, contributing to the area’s desirability. The community atmosphere combined with city accessibility makes this location appealing for both renters and property owners.

Walkability & Lifestyle

This Miami location offers walkability to a range of local amenities including restaurants, shops, and entertainment venues. Residents can enjoy easy access to nearby parks and waterfront areas, enhancing daily living experiences. The neighborhood’s connectivity supports convenient commuting and leisure activities, making it suitable for those valuing an active, urban lifestyle.

Things To Do Nearby

Living near Midtown and Miami Beach provides abundant recreational options. Residents can explore vibrant dining scenes, cultural attractions, and nightlife. Outdoor activities such as boating, beach visits, and golfing are readily accessible. The area’s dynamic lifestyle offers diverse experiences for all interests, contributing to its popularity among residents and visitors alike.

Nearby Schools

The area surrounding 418 NW 47th St provides access to several educational institutions serving Miami’s diverse community. Families and tenants benefit from nearby schools offering various academic programs. Convenient school access adds to the neighborhood’s appeal for residents prioritizing education. Proximity to schools supports a balanced lifestyle combining urban living with family needs.

Why Buyers Like This Area

Buyers appreciate this property’s combination of location, condition, and income potential. Its proximity to key Miami neighborhoods ensures access to amenities and transportation. The fully renovated status and full occupancy reduce immediate maintenance concerns. The landlord-paid utilities add management ease, making it attractive for investors seeking a turnkey solution in a sought-after market.

Investment Potential

This quadruplex at 418 NW 47th St offers a solid opportunity for investors seeking residential income properties in Miami. Its full renovation and prime location near popular neighborhoods like Midtown and South Beach enhance its appeal. The property is fully rented, providing immediate rental income potential. With landlord-paid utilities, management responsibilities are streamlined, making it attractive for hands-off investors. Miami’s steady demand for rental housing supports continued tenant interest, making this property a practical addition to an income-focused portfolio.

Market Trends

Miami’s residential income market remains active, with steady demand for multi-family properties like quadruplexes. Buyers are drawn to well-maintained, fully rented units in accessible neighborhoods. Inventory in areas close to Midtown and Miami Beach tends to attract consistent interest due to lifestyle amenities and employment hubs nearby. While market conditions fluctuate, properties offering turnkey rental income and strategic locations continue to hold appeal for a broad range of buyers.

Rental Income Potential

The property’s fully rented status indicates strong tenant demand in this Miami neighborhood. With the landlord covering electric and water bills, the rental units offer added convenience for tenants, potentially increasing occupancy stability. Seasonal demand and Miami’s year-round appeal support consistent interest in rental housing. This quadruplex’s location near major city centers enhances its attractiveness to renters seeking accessibility and lifestyle options.