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583 NW 47th St, Miami FL 33127
About this home
Located in the highly desirable Buena Vista neighborhood, this 3-bedroom, 2-bath home presents an excellent opportunity for buyers looking to add their personal touch. Situated near the end of a quiet block and directly across from a serene pocket park, the property enjoys a peaceful setting while remaining just minutes from the Design District, Midtown, and Wynwood. The home features a functional layout, a spacious backyard with plenty of room for outdoor entertaining or a pool, 2021 A/C and a roof replaced in 2019. While the property could benefit from some TLC and updating, it offers solid potential for an end user or an investor in an area experiencing continued growth and investment.
Features
- First Floor Entry
- Other
- Room For Pool
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,792
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.