$1,550,000
691 E 48th St
3 bd · 2 ba · 1,044 sq ft
Listing courtesy of Horizon Homes Realty Corp. 305-712-7210
From the MLS
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,044 sq ft
- Asking per square foot
- $1,485
- Year built
- 1948
- ZIP code
- 33013
- MLS number
- A11961004
What the listing says
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.
Description supplied by Horizon Homes Realty Corp.
Before you offer on this one
The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.
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