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+1 photosLuxury home — 212 NE 47th Street · Brentwood · Miami
$1,190,000
212 NE 47th Street, Miami, FL 33137
Miami, FL, 33137
— bd · 0 ba · — sqft
Listed by Douglas Elliman
212 NE 47th Street, Miami, FL 33137
Listed by Douglas Elliman
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homesPrime development or renovation opportunity in Miami’s highly desirable Buena Vista neighborhood, located just minutes from the Design District, Midtown, Wynwood, and Miami Beach. Situated on a generous 7,000 SF lot, this property currently features an existing single-family residence, offering endless potential for a full custom redevelopment, expansion, or major renovation in one of Miami's most sought-after corridors. Bring your architect and builder to unlock the true value of this prime location and build your dream modern residence or high-upside investment project. Property is being sold As-Is for land/value potential. Buyer is responsible for independently verifying zoning, historic preservation requirements, setback guidelines, building codes, and redevelopment potential with the city. Conceptual AI Rendering — For Illustrative Purposes Only.
Property Details
Your costs (est.)
212 NE 47th Street, Miami, FL 33137 · Miami
Location
212 NE 47th Street, Miami, FL 33137
What buyers ask about this home
What are the estimated monthly carrying costs at 212 NE 47th Street, Miami, FL 33137?+
Property tax (after sale): $1,982/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 212 NE 47th Street, Miami, FL 33137?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 212 NE 47th Street, Miami, FL 33137 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 212 NE 47th Street, Miami, FL 33137?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 212 NE 47th Street, Miami, FL 33137?+
This listing has been on the market 27 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Miami
Mcdonalds Playworld Community Development Inc Dba
Pre-K & Kindergarten · Private · Grades K–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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