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$1,550,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 691 E 48th St
General
- Price: $1,550,000
- Taxes: $9,486 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11961004
- Updated: 2/7/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: First Floor Entry, Utility Room/Laundry
- Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Primary Bedroom Ground Level
Other Rooms
- Living Room: Utility Room/Laundry Sq. Ft.
- Laundry: Utility Room/Laundry
Exterior
- Deck/Patio: Patio
Parking
- Parking Features: Other, On Street
Location
- Area: Hialeah 16 Addn Amd & Rev
- County: Miami-Dade County
- Subdivision: HIALEAH 16 ADDN AMD & REV
- Building Name: HIALEAH 16 ADDN AMD & REV
- Driving Directions: Please use GPS.
- Direction Faces: South
School Information
- Elementary School: North Hialeah
- Middle School: Hialeah
- High School: Hialeah
Community
- Community Name: Hialeah 16 Addn Amd & Rev
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Other
- Building Size: 1080
- Square Feet: 1,044
- Living Area: 1,044 Sq. Ft.
- Year Built: 1948
- Property Condition: Substantially Remodeled
Lot Features
- Property View: Garden
- Lot Size (Sq. Ft.): 9,590
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
Financial Considerations
- Price Per Sq. Ft.: $1,484.67
- Tax Amount: $9,486
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 5 53 41 .22 AC HIALEAH 16 ADD REV & AMD PB 31-32 E70FT TR 62-FA AKA LOT 16 & E30FT LOT 17 BLK 62-F PB 10-53 & S6FT OF ALLEY LYG N & ADJ CLOS
- Restrictions: Ok To Lease
- Property ID: 04-31-05-011-3350
Listed by Horizon Homes Realty Corp
Get Pre-Approved Today
Schools
Schools serving 691 E 48th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
North Hialeah Elementary School 4251 East 5th Avenue, Hialeah, FL 33013 | PK-5 | 0.4 mi |
Hialeah Middle School 6027 East 7th Avenue, Hialeah, FL 33013 | 6-8 | 0.8 mi |
Hialeah Senior High School 251 East 47th Street, Hialeah, FL 33013 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 691 E 48th St
Date
Details
Price
Change
Source
2/06/2026
Listed
$1,550,000
282.72%
MLS
9/25/2023
Sold
$405,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 691 E 48th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,497
46%
$455,253
28%
2023
$5,831
13%
$356,855
17%
2022
$5,171
12%
$306,312
23%
2021
$4,629
—
$248,307
—
2021
$4,629
242%
$247,972
124%
2019
$1,354
6%
$110,638
2%
2018
$1,277
2%
$108,576
2%
2017
$1,255
1%
$106,343
2%
2016
$1,242
-1%
$104,156
1%
2015
$1,255
-1%
$103,432
1%
2014
$1,268
2%
$102,612
1%
2013
$1,239
—
$101,096
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 691 E 48th St
691 E 48th St, Hialeah, FL 33013 (MLS# A11961004) is a Single Family property with 3 bedrooms and 2 full bathrooms. 691 E 48th St is currently listed for $1,550,000 and was received on February 06, 2026. Want to learn more about 691 E 48th St? Do you have questions about finding other Single Family real estate for sale in Hialeah? You can browse all Hialeah real estate or contact a Coldwell Banker agent to request more information.

