$1,550,000

691 E 48th St Hialeah, FL 33013

Estimated payment $9,017/month

Total Views 120
3 Beds
2 Baths
1,044 Sq Ft
$1,485 Price per Sq Ft

Highlights

  • Garden View
  • Patio
  • 1-Story Property
  • No HOA
  • Laundry in Utility Room
  • Central Heating and Cooling System

About This Home

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.

Listing Agent

Perla Antonio

Horizon Homes Realty Corp License #0522095 Listed on: 02/06/2026

Horizon Homes Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,486

Year Built

  • Built in 1948

Lot Details

  • 9,590 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Home Design

  • Substantially Remodeled

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Garden Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Schools

  • North Hialeah Elementary School
  • Hialeah Middle School
  • Hialeah High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hialeah 16 Addn Amd & Rev Subdivision

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,486

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Please use GPS.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: HIALEAH 16 ADDN AMD & REV
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 1550000
  • InternetRemarks: Investor ready corner double lot with remodeled 3/2 income property. 9,590 SF with potential 2-duplex or fourplex development near 49th Street.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1044
  • Bedroom Features: Primary Bedroom Ground Level
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Garden
  • Construction Type: Concrete Block Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIALEAH 16 ADDN AMD & REV
  • Open Parking: Yes
  • Parking Features: Other, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: North Hialeah
  • High School: Hialeah
  • Middle Or Junior School: Hialeah

Lot Info

  • Parcel Number: 04-31-05-011-3350
  • Lot Size Sq Ft: 9590
  • Zoning: 0100

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9486

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,497 $500,778 -- --
2024 $5,831 $455,253 $344,477 $110,776
2023 $5,831 $285,013 $0 $0
2022 $5,171 $259,103 $0 $0
2021 $4,629 $235,549 $0 $0
2020 $4,380 $247,972 $170,872 $77,100
2019 $1,354 $110,638 $0 $0
2018 $1,277 $108,576 $0 $0
2017 $1,255 $106,343 $0 $0
2016 $1,242 $104,156 $0 $0
2015 $1,255 $103,432 $0 $0
2014 $1,268 $102,612 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2026 02/06/26 For Sale $1,550,000 +282.7% $1,485 / Sq Ft
10/06/2023 10/06/23 Sold $405,000 +1.3% $388 / Sq Ft View Prior Sale
06/20/2023 06/20/23 For Sale $400,000 -- $383 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $405,000 Candor Title & Closing Service
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11961004

MIAMI REALTORS® MLS

APN: 04-3105-011-3350