$1,200,000
337 NW 48th St, Miami FL 33127
3 days on market
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 2,072 sqft
- Price per sqft
- $579
- Type
- Single Family Residence
- Year built
- 1935
- Taxes
- $11,291/yr
- MLS #
- A12114700
About this home
Asking Price is firm unfortunately. Situated on an expansive 10,800 SQ. FT. LOT (75’ frontage) in Miami’s rapidly transforming Buena Vista neighborhood, this property presents an exceptional opportunity for investors and developers looking to capitalize on the area’s growing luxury residential market. The property features two separate structures. The rear structure is currently uninhabitable, while the existing two-story main residence is owner-occupied on the first floor. Four upstairs bedrooms are rented individually, generating a combined $2,400 in monthly rental income. 2 Mango & 2 Avocado trees line the west perimeter of the property. Classified as Single Family / Ancillary Unit, the property offers an exciting opportunity to reimagine the site with a luxury single-family residence, ancillary living quarters, swimming pool, outdoor entertainment areas, and additional recreational amenities. Newer luxury residences in the surrounding neighborhood have achieved sales prices exceeding $3 million, demonstrating the potential of this desirable location. Bring your architect, your contractor, and your vision. Opportunities to acquire a lot of this size in Buena Vista are increasingly compelling as the neighborhood continues to evolve. Property sold AS-IS. Seller requests 60-day post-closing occupancy. Buyer to independently verify zoning, permitted uses, development potential, existing improvements, and all property information.
Estimated subtotal
$941/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $941
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33127
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Real Estate Sales Force
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.