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691 E 48th St, Hialeah, FL, 33013

3beds
2baths
1,044sqft
$1,550,000
$1,485price/sqft
$10,838/moest. monthly cost
$433,520/yrincome needed

About This Home

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.

Getting Around

71
WalkingVery Walkable
30
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

6/10
4/10
Hialeah Middle SchoolGrades 6-80.8 mi
4/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1948

Materials

  • Roof: Other
  • Construction materials: Concrete Block Construction

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Microwave,Electric Range,Refrigerator,Washer
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

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

Property

Details

  • Parcel number: 0431050113350
  • Zoning: 0100

Features

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

Lot

  • Lot size: 9,590 sqft
  • Features: Less Than 1/4 Acre Lot

Parking

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