691 E 48th St, Hialeah, FL 33013

$1,550,000
3
BD
2
BA
1,044
SqFt

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List Price
$1,550,000
MLS#
A11961004
Bedrooms
3
Bathrooms
2
Sq. Ft
1,044
Lot Size
9,590
Subtype
Single Family Residence
County
Miami-Dade
Community
Hialeah 16 Addn Amd & Rev
Subdivision
Hialeah 16 Addn Amd & Rev
Year Built
1948

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.

Additional Information

Front Exposure
South
Pets Allowed
Yes
Status Label
ACTIVE
Construction
Concrete Block Construction
Cooling
Central Air
Equipment
Dryer, Microwave, Electric Range, Refrigerator, Washer
Heating
Central
Lot Description
Less Than 1/4 Acre Lot
Parking
Other, On Street
Roof
Other
Bedroom Description
Primary Bedroom Ground Level
Special Information
Substantially Remodeled
Taxes
$9,486
View
Garden
Roofing
Other
Price Per Sqft
$1,484

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Listing Courtesy Of Horizon Homes Realty Corp, Contact: