337 NW 48th St, Miami, FL 33127

About This Home

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.

Property Details

Bathrooms Full

3

Bathrooms Half

0

Interior Features

First Floor Entry, Florida Room, Separate Guest/In-Law Quarters

Flooring

Other

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Architectural Style

Detached, Two Story

Garage Spaces

0

Parking Features

Additional Spaces Available, Covered

Building & Association

Building Name

BUENA VISTA HEIGHTS EXTEN

Association

No

Lot & Construction

Lot Features

1/4 To Less Than 1/2 Acre Lot

Lot Size Square Feet

10,800

Waterfront

No

View

None

Construction Materials

Concrete Block Construction

Roof

Shingle

Exterior Features

Fruit Trees

New Construction

No

Public Records

Parcel Number

01-31-24-018-0800

Tax Annual Amount

$11,291

Tax Year

2,025

Zoning

0104

County Or Parish

Miami-Dade County

Location