ActiveMLS® A11961004

$1,550,000

691 E 48th Street, Hialeah, FL 33013

Beds: 3
Baths: 2
Sqft: 1,044

Est. payment$9,608/mo

Home type: Single Family Residence
Year built: 1948
Lot size: 9,583 sqft
Price / sqft: $1,485
HOA: $0/mo
Community: HIALEAH 16 ADDN AMD & REV

Property description

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 activity

Days on market: 267
Listed: Feb 6, 2026
MLS listing updated: Oct 31, 2026
Feed last checked: 8 minutes ago

Listed by Perla Antonio · Horizon Homes Realty Corp

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0

Rooms & features

Rooms: 1
Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0
Parking features: On Street
Attached garage: No

Exterior

Stories: 1
Building area: 1,080 sqft
Entry level: 1
Patio & porch: Patio
Pool: No
View: Garden
Waterfront property: No

Lot

Lot size: 9,583 sqft
Lot size (acres): 0.22 acres
Lot dimensions: 9590
Zoning: 0100

Construction

Type & style

Home type: Single Family Residence
Year built: 1948
New construction: No

Materials

Construction: Block
Roof: Other
Property condition: Updated/Remodeled
Levels: One
Faces: South

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public
Utilities: Cable Available

Community & HOA

Community

Subdivision: HIALEAH 16 ADDN AMD & REV
MLS area: 2310
Pets allowed: Dogs OK, Yes
55+ community: No

Association

Has association: No
Estimated monthly dues: $0
Amenities: None

Lease details

Not reported by the listing source.

Location

Area details

City: Hialeah
County: Miami-Dade
ZIP code: 33013

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11961004
Possession: Close Of Escrow
Original list price: $1,550,000
Parcel number: 0431050113350
Annual property tax: $9,486
Tax year: 2025
Tax legal description: 5 53 41 .22 AC HIALEAH 16 ADD REV & AMD PB 31-32 E70FT TR 62-FA AKA LOT 16 & E30FT LOT 17 BLK 62-F PB 10-53 & S6FT OF ALLEY LYG N & ADJ CLOS

Additional MLS details

Reported by the listing source

Association Amenities: None
Association: No
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 1080
Construction Materials: Block
County Or Parish: Miami-Dade
Days On Market: 267
Direction Faces: South
Elementary School: North Hialeah
High School: Hialeah
List Price: 1550000
Listing Contract Date: 2026-02-06
Living Area: 1044
Lot Size Acres: 0.22
Lot Size Area: 9590
Lot Size Dimensions: 9590
MLSArea Major: 2310
Middle Or Junior School: Hialeah
Mls Status: Active
On Market Date: 2026-02-06
Patio And Porch Features: Patio
Photos Count: 5
Postal Code: 33013
Property Sub Type: Single Family Residence
Property Type: Residential
Rooms Total: 1
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-02-06T23:23:12Z
Stories Total: 1
Subdivision Name: HIALEAH 16 ADDN AMD & REV
Water Source: Public
Tax Annual Amount: 9486
Bathrooms Full: 2
Pool Private: No
Bedrooms Total: 3
Waterfront: No
Bathrooms Half: 0

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Feb 6, 2026	ListedMIAMI REALTORS® MLS	$1,550,000$1,485/sqft

Public tax history

Year	Property taxes	Assessment
2025	$9,486	—

Payment calculator

Estimated monthly payment$9,608/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $8,043
Property taxes: $791
Insurance: $775
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

HIALEAH 16 ADDN AMD & REV

Hialeah · Miami-Dade County · 33013

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

North HialeahElementary

—

HialeahMiddle

—

HialeahHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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