20189 NW 47th Ave, Miami Gardens, FL 33055

Opportunity in Miami Gardens: Your New Home or Investment!

Discover this single-family home at 20189 NW 47th Ave, Miami Gardens, FL 33055. Built in 1984, this residence offers 2 bedrooms, 2 bathrooms, and 1,230 sqft of living space on a generous 10,497 sqft lot (approximately 0.24 acres).

Currently priced at $490,000, this property presents a compelling opportunity in Miami Gardens. The broader Miami Gardens real estate market is generally considered a neutral market, meaning that supply and demand are relatively balanced, but for 2-bedroom homes specifically, median sold prices in Miami Gardens have decreased by 6.1% year-over-year as of April 2025. While the overall median home price in the 33055 zip code was $537,000 in April 2025, this 2-bedroom property at $490,000 offers a competitive entry point, especially considering similar 2-bedroom homes in the area have values ranging from $415K to $800K.

Key Features:

• Built in 1984: A well-established home on a large lot.
• Spacious Lot: Nearly a quarter-acre provides ample outdoor space.
• Convenient Layout: 2 bedrooms and 2 bathrooms.
• Potential for Investment: The property has a history of being a foreclosure and is currently in pre-foreclosure, which could indicate a motivated seller.

Miami Gardens is a vibrant and diverse city, known for its strategic location and community atmosphere. Residents enjoy:

• Hard Rock Stadium: Home to the Miami Dolphins, Miami Hurricanes, Miami Open tennis tournament, Formula One Miami Grand Prix, and major music festivals like Jazz in the Gardens.
• Local Parks: Including Rolling Oaks Park, offering green spaces for recreation.
• Diverse Dining: Explore a variety of international cuisines.
• Convenient Access: Easy reach to major highways, connecting you to all that South Florida has to offer, including beaches, shopping centers like Aventura Mall, and other cultural attractions in the greater Miami area.

This property represents a unique opportunity for buyers looking to enter the Miami Gardens market. Given its pre-foreclosure status, it is highly recommended to consult with a real estate agent and legal counsel to understand all aspects of the purchase.