84 NW 47th St, Miami, FL 33127

$1,200,000 · 4 beds, 3 baths, 1,832 square feet · Active

This property is for the buyer who understands where Miami is going next. This unique home is filled with character, featuring a distinctive layout, mature exotic trees, and a level of individuality that is increasingly difficult to find in Miami. In addition to the main residence, the property also features a detached rear in-law unit with 1 bedroom and 1 bathroom, offering added flexibility for guests, extended family, a home office, or potential supplemental use subject to applicable zoning and rental regulations. Located in the rapidly changing Buena Vista neighborhood, the property is positioned near Midtown, Wynwood, the Miami Design District, Midtown shopping, Little Haiti, and the El Portal community, while also providing convenient highway access to South Beach, Brickell, Downtown Miami, and other major destinations. The surrounding area continues to experience strong investment, redevelopment, and rising property values, making this an opportunity for a sophisticated buyer who sees beyond current market value and recognizes the long-term potential of owning property in one of Miami’s fastest-evolving corridors. This is about location, scarcity, character, and future upside—get in now before continued growth and appreciation make opportunities like this even harder to acquire. A developer could also view the property as a redevelopment opportunity, whether by renovating and flipping the existing home to capitalize on its character, detached in-law unit, and location, or by replacing it with a new modern residence designed to meet the growing demand for luxury homes in the Buena Vista area.

Listing courtesy of Exodia Property Management LLC, the listing brokerage, 305-370-7284. MLS number A12083621.