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90 NE 48th St, Miami, FL, 33137

2beds
1baths
1,796sqft
$1,050,000
$585price/sqft
$6,821/moest. monthly cost
$272,840/yrincome needed

About This Home

Rare opportunity to acquire a historic property in Miami's highly desirable Buena Vista neighborhood, just minutes from the Design District, Midtown, Wynwood, and Miami Beach. Situated on a 6,270 SF lot, the property features an existing residence and benefits from extensive pre-development work completed by the current ownership. Significant investment has been made in architectural design, surveys, planning, and historic review efforts, providing a strong foundation for future redevelopment. A luxury residential concept has already been designed, offering a unique opportunity for a buyer to continue the approval process and potentially save considerable time and expense compared to starting a project from the ground up. Whether pursuing a substantial renovation, restoration, expansion, or redevelopment (subject to applicable approvals), this property presents exceptional potential in one of Miami's most sought-after residential markets. Architectural plans, surveys, and development-related materials are available upon request. Buyer is responsible for independently verifying zoning, historic preservation requirements, approvals, and development potential. Property is being sold As-Is.

Getting Around

88
WalkingVery Walkable
51
TransitGood Transit
67
BikeBikeable

Schools

Construction

Condition

  • Year built: 1938

Materials

  • Roof: Barrel Roof
  • Construction materials: CBS Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other
  • Flooring: Other

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,796
  • Total interior livable area: 1,796 sqft

Property

Details

  • Parcel number: 0131240170470
  • Zoning: 0104
  • Other equipment: Other

Features

  • Stories: 1
  • Entry location: First Floor Entry
  • Pool features: R30-No Pool/No Water
  • Exterior features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 6,270 sqft
  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,309$63,708
Home Insurance *$92$1,104
Property Taxes $1,223$14,676
Electricity $197$2,366
Total$6,821$81,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$233,862/yr
40% on housing$204,630/yr
45% on housing$181,893/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$585This listing

vs Other Active Listings

Avg $/sqft

ZIP 33137$894
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33137$949
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-26Listed for sale$1,050,000
2025-05-26Sold$720,000
2025-05-23Pending sale$1,200,000
2025-02-18Listed for sale$1,200,000
2025-02-18Pending sale$1,200,000
2025-01-02Listed for sale$1,200,000
2024-12-20Listing removed$1,200,000
2024-11-04Listed for sale$1,200,000
2021-03-24Listing removed--
2017-06-01Listing removed$1,650
2017-05-27Listed for rent$1,650
1995-10-27Sold$66,000

For Sale by Agent

AgentRonald Rodriguez
BrokerageOptimal Realty Group LLC

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