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$2,185,000

Beds
4
Baths
3.0
sq ft
1,996

1050 W 47th St, Miami Beach, FL 33140

1050 W 47th St

Miami Beach, FL 33140

  • <1 day on market
An excellent opportunity to renovate or build new in the heart of Miami Beach. This spacious lot includes architectural plans for a stunning modern home featuring floor-to-ceiling windows, open-concept living spaces, and seamless indoor-outdoor integration. The existing home includes a detached 1-bedroom, 1-bathroom cottage with a kitchenette, ideal for guests or rental income. The large yard provides ample space for a pool and outdoor kitchen. Located just minutes from top schools, shopping, dining, and the beach, this property offers incredible potential in a highly desirable location.

Details

Property type

Single Family Residence

Est. home value

$1,643,714

Lot size

8,081 sq ft

Price per sq ft

$1,095

Year built

1937

Annual property taxes

$13,883

Price History

02/04/2025
SEF

SEF #A11738048

Listed
$2,185,000
+157.06%
08/27/2020
SEF

SEF #A10769002

Sold
$850,000

Schools & Community

Neighborhood: 

Nautilus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Plaza Home Mortgage Inc

Loan start date

September 2020

Original loan amount

$510,000

Est. remaining balance

$461,537

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Judith F Richard and Jduith F Richard Revocable Living Trust

Lender

Plaza Home Mortgage Inc

Loan start date

September 2020

Original loan amount

$510,000

Est. remaining balance

$461,537

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Judith F Richard and Jduith F Richard Revocable Living Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/04/2025 at 11:40 PM

Listing updated: 02/04/2025 at 8:50 PM

Listed by: Menachem Fellig, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11738048

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