For sale

$3,000,000

58 NE 48TH STREET, MIAMI, FL 33137

3beds

1,901sqft

$20,495/mo

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Single Family Residence

Built in 1922

0.29 Acres Lot

$2,694,300 Zestimate^®

$1,578/sqft

$-- HOA

What's special

Double corner exposureDouble corner lot

Located walking distance to the Design District, this rare double corner lot offers a significant opportunity for a cash investor interested in maximizing land value. Set on a double lot, the property creates flexibility for income use or future expansion. The main residence is ready for customization and has been gutted. The property sits in one of Miami’s strongest appreciation zones and the double corner exposure are upsides for an investor seeking a property with room to grow. Serious cash buyers only.

194 days

155

9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Built-in Closet
Level: First

Bedroom 2

Features: Built-in Closet
Level: First

Bedroom 3

Features: Built-in Closet
Level: First

Bedroom 4

Features: No Closet
Level: First

Bathroom 1

Features: No Closet
Level: First

Bathroom 2

Features: No Closet
Level: First

Bathroom 3

Features: No Closet
Level: First

Kitchen

Features: No Closet
Level: First

Living room

Level: First

Heating

Electric

Cooling

Central Air

Appliances

Included: None
Laundry: Inside

Features

Cathedral Ceiling(s)
Flooring: Concrete
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 2,000
Total interior livable area: 1,901 sqft

Video & virtual tour

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Property

Parking

Total spaces: 1
Parking features: Carport
Carport spaces: 1

Features

Levels: One
Stories: 1
Exterior features: Garden
Has private pool: Yes
Pool features: In Ground
Fencing: Wood

Lot

Size: 0.29 Acres
Dimensions: 110 x 115

Details

Additional structures: Shed(s)
Parcel number: 0131240170600
Zoning: 0104
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block
Foundation: Block
Roof: Shingle

Condition

Fixer
New construction: No
Year built: 1922

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: SHADOWLAWN

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $1,578/sqft
Tax assessed value: $1,504,338
Annual tax amount: $26,315
Date on market: 2/6/2026
Cumulative days on market: 10 days
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Concrete

Estimated market value

$2,694,300

$2.56M - $2.83M

$7,601/mo

Price history

Date	Event	Price
2/6/2026	Listed for sale	$3,000,000+334.8%$1,578/sqft
Source: Stellar MLS #OM718302 Report a problem
6/15/2016	Sold	$690,000+174.9%$363/sqft
Source: Public Record Report a problem
8/30/2001	Sold	$251,000+32.1%$132/sqft
Source: Public Record Report a problem
5/3/2000	Sold	$190,000+120.9%$100/sqft
Source: Public Record Report a problem
10/16/1997	Sold	$86,000$45/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$26,315 -0.1%	$1,194,857 +10%
2024	$26,329 +2.8%	$1,086,234 +10%
2023	$25,605 +19.5%	$987,486 +10%
2022	$21,427 +20.9%	$897,715 +10%
2021	$17,719 -11.4%	$816,105 -11.4%
2020	$19,999 +1%	$921,144 +1.2%
2019	$19,803 +4.6%	$909,874 +4.1%
2018	$18,937	$873,884 +10%
2017	$18,937 +10%	$794,440 +10.1%
2016	$17,210 +15%	$721,843 +10%
2015	$14,971 +219.6%	$656,221 +184.1%
2014	$4,684 +6.5%	$230,996 +5.5%
2012	$4,398 -3.1%	$218,998 -2.2%
2011	$4,538 -19.5%	$224,003 -13.4%
2010	$5,635 +8.3%	$258,556 +2.7%
2009	$5,204 +0.4%	$251,759 +14.9%
2007	$5,181 -7.9%	$219,183
2006	$5,626	--
2005	$5,626 +0.1%	--
2004	$5,622 +2.5%	--
2003	$5,487 +171.9%	--
2002	$2,018	--
2001	$2,018	--