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691 E 48th St, Hialeah FL 33013

House For Sale
$1,550,000

BTC: 23.84615385

ETH: 861.11111111

115 days
3 bds
2 ba
1,044 sqft

Overview

This offering is ideal for committed INVESTORS seeking a strategic foothold in a city experiencing rapid redevelopment. While planning a future project, generate rental income from the existing home with 3-bedroom, 2-bath, the full remodel is currently being finalized. The property features a new roof, impact windows and doors, porcelain flooring, new interior doors and new kitchen w/SS appliances and washer/dryer are being added. The 9,590 SF CORNER LOT is noted in the legal description as a double lot. With a zoning change/variance request, development of MULTI-FAMILY units (2-duplex or 4-plex) may be possible. Flood Zone "X" (no flood) and municipal sewer. The property is well positioned just one block from 49th Street, a vibrant corridor known for its diverse dining options and major retail destinations.

Location

Details

Type:
Residential
Parking:
Other / On Street
Year Built:
1948
Lot:
9590 Square Feet
Heating:
Central
Price/sqft:
$1,485
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$520,000
$363K – $760K
Confidence Low
List vs. estimate
$1.0M above estimate
List $1,550,000 · +198.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,484
+265.1% vs. city median $406
Based on
19 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $597K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,486
2025
View
Garden
Pets
Allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Other

    • On Street

    Lot

    • Lot: 9590 Square Feet

    Other Property Information

    • Parcel Number: 04-31-05-011-3350

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $9,486

  • Source details

    • MLS ID: A11961004

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Utility Room/Laundry

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Direction Faces: South

    • Architectural Style: Detached / One Story

    • Living Area: 1044

    • Water Source: Municipal Water

    • Subdivision Name: HIALEAH 16 ADDN AMD & REV

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Horizon Homes Realty Corp