92 NW 47 TER, Miami, FL 33127

92 NW 47 TER, Miami, FL 33127 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1934 with 2,241 square feet of living space on a 5,057 square foot lot. The property is currently owned by 92FORTYSEVEN LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2014-07-31 for $120,000, when WYNELLE L SEBREE sold to 92FORTYSEVEN LLC. The 2025 assessed value is $408,280 with a market value of $572,318. This breaks down to $379,275 for the land and $193,043 for the building.

The assessed value increased 10% from $371,164 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $49,685, and the median home value is $657,900. The population density is 8,510 people per square mile. 92 NW 47 TER, Miami, FL 33127 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1998 to 2014, with 2 recorded transactions in the public record. The current assessed value represents 340% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $54 per square foot — a key metric for comparing value across Miami's real estate market..