Accepting backups

Price cut: $25K (8/17)

$625,000

9840 SW 48th St, Miami, FL 33165

4beds

1,440sqft

$4,482/mo

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Single Family Residence

Built in 1953

8,850 Square Feet Lot

$-- Zestimate^®

$434/sqft

$-- HOA

What's special

A 4/2 in Olympia Heights with Income Potential? Plus the lot is larger than typical Westchester home? This Single Family home is ready to be created into the house of your dreams. Home ACs installed (2024) and Water heater (2024). Home has built in multi-layout efficiency for income potential with private entrance. Ready for Immediate Rental Income. Roof is 12 years old and new mini-splits ACs throughout home for ample air conditioning throughout the home. 200-amp electrical panel- permit history on file. Full Inspection report is available to serious buyer request. Total Home Sq Footage is 1600 as per County Records. No HOA. No restrictions. Centrally located near Coral Gables, FIU, major highways, shopping, and dining. Pre-inspection report available upon request. Selling strictly As-Is. Showing Times Limited. Cash offer Preferred.

95 days
311
8

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

None

Cooling

Electric, Wall/Window Unit(s)

Appliances

Included: Dryer, Electric Water Heater, Microwave, Refrigerator, Washer

Features

Maid/In-Law Quarters, Other
Flooring: Tile, Vinyl

Interior area

Total structure area: 1,600
Total interior livable area: 1,440 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Additional Spaces Available, Driveway
Has uncovered spaces: Yes

Features

Stories: 1
Entry location: First Floor Entry
Patio & porch: Deck
Exterior features: Lighting
Pool features: R30-No Pool/No Water
View description: None

Lot

Size: 8,850 Square Feet
Features: Less Than 1/4 Acre Lot

Details

Additional structures: Shed(s)
Parcel number: 3040200050340
Zoning: 0100

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

CBS Construction
Roof: Tar/Gravel

Condition

Year built: 1953

Utilities & green energy

Sewer: Septic Tank
Water: Municipal Water

Community & HOA

Community

Features: None, No Subdiv/Park Info
Subdivision: Tropical Estates 1st Addn,Olympia Heights

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $434/sqft
Tax assessed value: $505,391
Annual tax amount: $8,298
Date on market: 6/26/2026
Listing terms: All Cash,Conventional,FHA 203K

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/23/2026	Contingent	$625,000$434/sqft
Source: eXp Realty #A12032255 Report a problem
8/17/2026	Price change	$625,000-3.8%$434/sqft
Source: MIAMI #A12032255 Report a problem
6/26/2026	Listed for sale	$650,000$451/sqft
Source: MIAMI #A12032255 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,584 +2.8%	$503,832 +2.9%
2024	$8,353 +206.6%	$489,633 +187.1%
2023	$2,725 +1.5%	$170,543 +3%
2022	$2,684 +2%	$165,576 +3%
2021	$2,631 +1.2%	$160,754 +1.4%
2020	$2,600 +2.3%	$158,535 +2.3%
2019	$2,543 +4.7%	$154,971 +1.9%
2018	$2,428 +1.6%	$152,082 +2.1%
2017	$2,390 +1.2%	$148,954 +2.1%
2016	$2,362 +1%	$145,891 +0.7%
2015	$2,339	$144,877 +0.8%
2014	$2,339	$143,728 +1.5%
2013	$2,339	$141,604 +1%
2012	$2,339 -0.9%	$140,230 +0.2%
2011	$2,361 -10.5%	$139,993 -4.1%
2010	$2,638 -18.5%	$145,956 -21.5%
2009	$3,237 -3.5%	$186,030 +19.7%
2007	$3,356 -5.2%	$155,433
2006	$3,538	--
2005	$3,538 +1.6%	--
2004	$3,481 +135.7%	--
2003	$1,477 +4.4%	--
2002	$1,414	--
2001	$1,414	--