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418 NW 47th St, Miami FL 33127 — photo 11 / 24
3.2% reduced

418 NW 47th St, Miami FL 33127

Miami, FL

List Price

$1,500,000

Type

Fourplex

Price / SqFt

$492/sqft

Price reduction

3.2% below original list — was $1,550,000

Tenant-occupiedShort sale

From the listing

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 Information

Square Feet
3,050
Units
4
Days on Market
696
Status
active

Location

County
Miami-Dade County
Zip Code
33127
Coordinates
25.8184, -80.2032

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

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Property: 418 NW 47th St, Miami FL 33127

Price: $1,500,000

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Why this deal

  • 3.2% off original list price
  • Multifamily with 4 units
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

63/100

Fair

How this
is scored →
Estimated equityassumed40%

No comp-based ARV yet for this listing — equity scored neutral.

Discount depth20%

3.2% off original list (full marks at 25%+).

Days on market20%

696 days on market (full marks at 120+ — more time = more leverage).

Seller-motivation signals20%

Verified distress on record: Short-sale.

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.

Deal scorecard

How four stakeholders read this deal

Coverall

Strengths

  • Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated

Risks

  • Equity not yet estimated — no comps available for ARV

What a super-investor sees

Investor

C

Investor equity estimate based on ARV from closed MLS comps minus list price and estima…

  • Equity not yet estimated — no comps available for ARV

What a bank sees

Lender / financing

C

Lender financeability estimate based on list price, ARV, and condition signals. Not a f…

What an insurer sees

Insurance / 4-point

A

insurability v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …

  • Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated

What a GC / AHJ sees

Permits / condition

B

Permit data from Miami-Dade public records; may lag; verify open permits with the AHJ. …

4-point — last permit

  • Roofnone
  • Electricalnone
  • Plumbingnone
  • HVACnone

Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.

Deal calculator

Value-add deal calculator

418 NW 47th St, Miami FL 33127, Miami, FL

No closed comps matched yet — ARV below is a starting estimate. Verify.

Recommended max offer

$609,575

Room vs list (above list)

$890,425

Est. equity

-$640,425

-43% of ARV, at list

ROC at list

-30%

Est. all-in at list

$2,140,425

list + rehab + txn + carry

70% rule MAO

$611,500

Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.

One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.

Florida Licensed · Real Estate Broker BK3384781 · verify at myfloridalicense.com