$401,000 - $1,418,000
RENTED JAN 1, 2025

516 NW 47th Terrace Miami, FL 33127

Little Haiti Neighborhood
3 Beds
2 Baths
1,391 Sq Ft
$624 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Porch
  • High Impact Windows
  • No HOA
  • In-Law or Guest Suite
  • 3-minute walk to North Bay Vista

About This Home

As of January 2025

PRICE REDUCTION!!! New Construction. Welcome to this stunning modern residence, offering 3 bedrooms and 2 baths, plus an additional 1 bed/1 bath separate space perfect for in-law quarter, guest or extra office space. The sleek design of the home showcases clean lines, contemporary finishes, and an open-concept layout that is both stylish and low-maintenance. Located in a prime area with quick access to major highways, you're just minutes from the vibrant Design District, trendy Midtown, and the beautiful beaches. This home is an exceptional blend of luxury and convenience, ideal for those seeking a modern lifestyle in a highly sought-after location.

Last Agent to Rent the Property

Iliana Sorensen

Luxe Properties License #3451455 Listed on: 10/20/2024

Luxe Properties

Last Renter's Agent

Michael Guay

Alure Capital License #3536350

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,130

Year Built

  • 2024

Lot Details

  • 5,000 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0104

Home Design

  • Shingle Roof

Interior Spaces

  • 1,391 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • 2 Car Parking Spaces
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bay Vista Park Amd Plat P Subdivision

Listing and Financial Details

  • Property Available on 10/21/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-31-24-001-2865

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,130

Year Built

2024

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-10-21
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: BAY VISTA PARK AMD PLAT P
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Year Built (Public Record): 2024

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Separate Guest/In-Law Quarters
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1391
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Separate Guest/In-Law Quarters

Exterior Features

  • Roof: Shingle
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY VISTA PARK AMD PLAT P
  • Open Parking: Yes
  • Parking Features: 2 Spaces, Slab/Strip, On Street

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-24-001-2865
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 5000
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2025 01/01/25 Rented $4,350 0.0% --
12/31/2024 12/31/24 Price Changed $4,350 -3.3% $3 / Sq Ft
12/31/2024 12/31/24 Under Contract -- -- --
11/25/2024 11/25/24 Price Changed $4,500 -5.3% $3 / Sq Ft
11/05/2024 11/05/24 Price Changed $4,750 -7.8% $3 / Sq Ft
10/20/2024 10/20/24 For Rent $5,150 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,130 $584,955 -- --
2024 $4,910 $237,607 -- --
2023 $4,910 $216,007 -- --
Source: Public Records

Agents Affiliated with this Home

  • Iliana Sorensen

    Landlord's Agent in 2025

    Iliana Sorensen

    Luxe Properties

    (786) 356-5291

    2 in this area

    6 Total Sales

    Iliana Sorensen
    Section Image

  • M

    Tenant's Agent in 2025

    Michael Guay

    Alure Capital

    (305) 695-1112

    8 Total Sales

    Michael Guay
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11679240

MIAMI REALTORS® MLS

APN: 01-3124-001-2865

Florida Miami/Dade County Miami 33127 Little Haiti

516 NW 47th Terrace, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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