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17th Avenue Manor, 1994 NW 47th Ter, Brownsville, FL 33142

900,000(-5.67% )
2,167SqFt

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Details

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Status:
OFF MARKET
Size: 2,167 SqFt (201 m2)
Price: $392/SqFt ($4,217/m2)
Type: Multi Family
Built: 1946
MLS Number: A11681510
On Site: 357 Days
Updated: 265 Days ago
Page Views: 0
Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft lot, providing privacy for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ In law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for airbnb, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,WallFurnace
        • Cooling Description: CentralAir, WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile,Terrazzo
        • Year Built: 1946
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-10-23T16:48:18.000-00:00
          Taxes, Fees & More
          • Taxes: 7262

          Price History

          01/06/2025

          Date

          Price Reduced

          Event

          $849K

          Price

          -5.67%

          Change Rate

          $392 ft2 / $4,217 m2

          Price Per

          10/23/2024

          Date

          Listed

          Event

          $900K

          Price

          $415 ft2 / $4,471 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Ivan RabinovichKeller Williams Eagle Realty • Buyer Agency Compensation .

          Instant Comps

          $200/ft²
          $300/ft²
          $400/ft²
          $600/ft²

          Unit 1994 NW 47th Ter – Asking

          $392/ft²

          (+14%) from Closed Avg. $/ft²

          Closed Avg. $/ft²

          $344/ft²
          Community $/Price Range (Closed) $344/ft² – $454/ft²
          UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
          # null4/22,167$344$745,0004/2/2025
          Unit: # null
          Bed/Bath: 4/2
          Size SqFt: 2,167
          $/SqFt: $344
          Sold: $745,000
          Closed Date: 4/2/2025
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