Single Family Residence
90 NE 48th St
90 NE 48th St, Miami FL 33137 Get directions
$1,050,000
2 Beds · 1 Bath · 1,796 SqFt
See estimated monthly costThis listing is courtesy of Optimal Realty Group LLC. Ronald Rodriguez
Overview
Rare opportunity to acquire a historic property in Miami's highly desirable Buena Vista neighborhood, just minutes from the Design District, Midtown, Wynwood, and Miami Beach. Situated on a 6,270 SF lot, the property features an existing residence and benefits from extensive pre-development work completed by the current ownership. Significant investment has been made in architectural design, surveys, planning, and historic review efforts, providing a strong foundation for future redevelopment. A luxury residential concept has already been designed, offering a unique opportunity for a buyer to continue the approval process and potentially save considerable time and expense compared to starting a project from the ground up. Whether pursuing a substantial renovation, restoration, expansion, or redevelopment (subject to applicable approvals), this property presents exceptional potential in one of Miami's most sought-after residential markets. Architectural plans, surveys, and development-related materials are available upon request. Buyer is responsible for independently verifying zoning, historic preservation requirements, approvals, and development potential. Property is being sold As-Is.
Facts & features
Interior
- Living area (sq ft)
- 1,796
- Full bathrooms
- 1
- First Floor Entry
- Other
Building & exterior
- Year built
- 1938
- Lot size (sq ft)
- 6,270
- Garage spaces
- 2
- Covered spaces
- 2
- None
- Driveway
HOA (homeowners association)
- See Broker Remarks
Taxes
- Annual tax
- $1,522
- Tax year
- 2025
- Parcel number
- 01-31-24-017-0470
Listing
- MLS number
- A12043634
- Property type
- Single Family Residence
- Price per SqFt
- $585
- Subdivision
- SHADOWLAWN
- On market since
- Jun 25, 2026
- Days on market
- 1
Estimated monthly cost
$6,224 per month
- Principal & interest (30 yr)
- $5,309
- Property tax
- $127
- Insurance (estimated)
- $788
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
- Centner Academy - Preschool
- Design & Architecture Senior High
- Morningside Montessori School
- Ebenezer Christian Academy
- Toussaint L''ouverture Elementary
- Metropolitan International School of Miami
- Sheyes of Miami Daycare III
- Step By Step Preparatory School LLC
- Creative Kidz Prepatory Academy LLC
- Clara Mohammed School Of Miami Florida
- iTech@Thomas A. Edison Education Center
- MDCPS Police Center
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