1 / 24Miami, FL
List Price
$1,500,000
Type
Fourplex
Price / SqFt
$492/sqft
Price reduction
3.2% below original list — was $1,550,000
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.
Represented by Academia
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Why this deal
Deal Score
63/100
Fair
No comp-based ARV yet for this listing — equity scored neutral.
3.2% off original list (full marks at 25%+).
696 days on market (full marks at 120+ — more time = more leverage).
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
Strengths
Risks
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
What an insurer sees
Insurance / 4-point
insurability v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …
What a GC / AHJ sees
Permits / condition
Permit data from Miami-Dade public records; may lag; verify open permits with the AHJ. …
4-point — last permit
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.
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.
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