Single Family Residence
337 NW 48th St
337 NW 48th St, Miami FL 33127 Get directions
$1,200,000
5 Beds · 3 Baths · 2,072 SqFt
See estimated monthly costThis listing is courtesy of Real Estate Sales Force. Albertson Alexandre
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 2,072
- Full bathrooms
- 3
- First Floor Entry
- Florida Room
- Separate Guest/In-Law Quarters
Building & exterior
- Year built
- 1935
- Lot size (sq ft)
- 10,800
- None
- Fruit Trees
- Additional Spaces Available
- Covered
HOA (homeowners association)
- No Restrictions
Taxes
- Annual tax
- $11,291
- Tax year
- 2025
- Parcel number
- 01-31-24-018-0800
Assigned schools
- Elementary
- Shadowlawn
- High
- Miami Edison
Listing
- MLS number
- A12114700
- Property type
- Single Family Residence
- Price per SqFt
- $579
- Subdivision
- BUENA VISTA HEIGHTS EXTEN
- On market since
- Oct 28, 2026
- Days on market
- 1
Estimated monthly cost
$7,909 per month
- Principal & interest (30 yr)
- $6,068
- Property tax
- $941
- Insurance (estimated)
- $900
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Shadowlawn Elementary
- Sheyes of Miami Daycare III
- Clara Mohammed School Of Miami Florida
- Step By Step Preparatory School LLC
- Creative Kidz Prepatory Academy LLC
- Ebenezer Christian Academy
- Centner Academy - Preschool
- Education Academy of Excellence
- Academy of Excellence
- Metropolitan International School of Miami
- iTech@Thomas A. Edison Education Center
- MDCPS Police Center
- Miami Edison Senior High
- Sheyes of Miami Daycare I
- Toussaint L''ouverture Elementary
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