For sale

$1,550,000

691 E 48th St, Hialeah, FL 33013

3beds

1,044sqft

$10,085/mo

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Single Family Residence

Built in 1948

9,590 Square Feet Lot

$1,487,600 Zestimate^®

$1,485/sqft

$-- HOA

What's special

New roofPorcelain flooringImpact windows and doorsNew interior doors

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.

193 days

105

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Microwave, Electric Range, Refrigerator, Washer
Laundry: Laundry Room

Interior area

Total structure area: 1,080
Total interior livable area: 1,044 sqft

Video & virtual tour

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Property

Parking

Parking features: Other, On Street
Has uncovered spaces: Yes

Features

Stories: 1
Entry location: First Floor Entry
Patio & porch: Patio
Pool features: R30-No Pool/No Water
Has view: Yes
View description: Garden

Lot

Size: 9,590 Square Feet
Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0431050113350
Zoning: 0100

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Concrete Block Construction
Roof: Other

Condition

Updated/Remodeled
Year built: 1948

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Features: None, No Subdiv/Park Info
Subdivision: Hialeah 16 Addn Amd & Rev

HOA

Has HOA: No

Location

Region: Hialeah

Financial & listing details

Price per square foot: $1,485/sqft
Tax assessed value: $523,122
Annual tax amount: $9,486
Date on market: 2/6/2026
Listing terms: All Cash,Conventional

Estimated market value

$1,487,600

$1.41M - $1.56M

$3,447/mo

Price history

Date	Event	Price
2/6/2026	Listed for sale	$1,550,000+282.7%$1,485/sqft
Source: MIAMI #A11961004 Report a problem
10/6/2023	Sold	$405,000+1.3%$388/sqft
Source: MIAMI #A11406315 Report a problem
6/24/2023	Contingent	$400,000$383/sqft
Source: MIAMI #A11406315 Report a problem
6/20/2023	Listed for sale	$400,000$383/sqft
Source: MIAMI #A11406315 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,486 +11.6%	$500,778 +10%
2024	$8,497 +45.7%	$455,253 +59.7%
2023	$5,831 +12.7%	$285,013 +10%
2022	$5,171 +11.7%	$259,103 +10%
2021	$4,629 +5.7%	$235,549 +10%
2020	$4,380 +223.6%	$214,136 +93.5%
2019	$1,354 +6%	$110,638 +1.9%
2018	$1,277	$108,576 +2.1%
2017	$1,277 +1.8%	$106,343 +2.1%
2016	$1,255 +0%	$104,156 +0.7%
2015	$1,255 -1.1%	$103,432 +0.8%
2014	$1,268 +5.6%	$102,612 +1.5%
2013	$1,201	$101,096 +1.7%
2012	$1,201 +3.6%	$99,428 +3%
2011	$1,159 -2.6%	$96,533 +1.5%
2010	$1,190 +9.5%	$95,107 +2.7%
2009	$1,087 -17.9%	$92,607 +42.9%
2007	$1,324 -2.1%	$64,821
2006	$1,353	--
2005	$1,353 +1.3%	--
2004	$1,336 +3.6%	--
2003	$1,289 +4.8%	--
2002	$1,230	--
2001	$1,230	--