691 E 48th St

Hialeah, FL 33013

$1,550,000

$1,485/ft²

3Beds

2Baths

1,044Sq ft

1948Year built

Single-family homeType

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.

Property details

Listing

MLS #: A11961004
Status: For sale
Listed on: Feb 6, 2026
Days on market: 184 days
Listing data updated: Jul 23, 2026

Interior

Beds: 3
Baths: 2
Living area: 1,044 ft²
Price per ft²: $1,485/ft²

Building & community

Type: Single-family home
Year built: 1948
County: Miami-Dade

Lot & exterior

Lot size: 9,590 ft²

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $7,838
Property taxes (est.): $1,421
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$9,859*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?