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3 Beds
2 Baths
1,044 sqft

$1,550,000

691 E 48th St, Hialeah FL, 33013

Price per sqft$1,484.67
Built in1948
Property size1,044 sqft
Property typeResidential

Overview

Active

Listed Feb 6, 2026

Updated Aug 27

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.

$10,312/mo

Est. mortgage payment based on a $1,550,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A11961004

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Taxes
$9,486
Tax Frequency
Annually
View
Yes
Pets Allowed
Yes
MLS provider logo

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2026 Miami Association of REALTORS® all rights reserved. 

Data last updated 3:19 AM UTC, 8/27/2026.

Listed by:  Horizon Homes Realty Corp, 305-712-7210

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