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$3,000,000
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Property Description
Located walking distance to the Design District, this rare double corner lot offers a significant opportunity for a cash investor interested in maximizing land value. Set on a double lot, the property creates flexibility for income use or future expansion. The main residence is ready for customization and has been gutted. The property sits in one of Miami's strongest appreciation zones and the double corner exposure are upsides for an investor seeking a property with room to grow. Serious cash buyers only.
Full Property Details
Full Property Details for 58 NE 48th St
General
- Price: $3,000,000
- Taxes: $26,315 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM718302
- Updated: 2/7/2026
- Added to Site: 14 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Cathedral Ceiling(s)
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Garden
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
Location
- Area: 99999 - Unknown
- County: Miami-Dade
- Development Name: 99999 - Unknown
- Subdivision: SHADOWLAWN
- Driving Directions: Take exit 4 from I-95 S. Continue on N Miami Ave. Drive to NE 48th St.
- Direction Faces: North
Community
- Community Name: 99999 - Unknown
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Windows: Aluminum Frames
- Stories/Levels: One
- Square Feet: 1,901
- Sq. Ft. Source: Public Records
- Year Built: 1922
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,650
- Lot Size: 12650
- Lot Dimensions: 110 x 115
- Street/Road Desc.: Concrete
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $26,315.33
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SHADOWLAWN PB 6-47 LOTS 3 & 4 BLK 5 LOT SIZE 110 X 115 OR 19874-0992 08 2001 1
- Flood Zone Info: X
- APN: 131240170600
- Property ID: 131240170600
- Block/Lot/Section: 5
Listed by Bb Residential Real Estate Llc
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Schools
Schools serving 58 NE 48th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Toussaint L'Ouverture Elementary 120 Northeast 59th Street, Miami, FL 33137 | PK-5 | 0.7 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 2.4 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 58 NE 48th St
Date
Details
Price
Change
Source
2/06/2026
Listed
$3,000,000
334.78%
MLS
6/13/2016
Sold
$690,000
—
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 58 NE 48th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$26,329
3%
$1,720,631
—
2023
$25,605
45%
$1,722,863
111%
2021
$17,719
-17%
$816,105
-36%
2022
$21,427
21%
$1,283,206
39%
2021
$17,719
-11%
$921,144
1%
2019
$19,803
5%
$909,874
4%
2018
$18,937
10%
$873,884
10%
2017
$17,210
4%
$794,440
10%
2016
$16,608
11%
$721,843
10%
2015
$14,971
220%
$656,221
184%
2014
$4,684
2%
$230,996
1%
2013
$4,602
—
$227,583
—
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 58 NE 48th St
58 NE 48th Street, Miami, FL 33137 (MLS# OM718302) is a Single Family property with 3 bedrooms and 2 full bathrooms. 58 NE 48th Street is currently listed for $3,000,000 and was received on February 06, 2026. Want to learn more about 58 NE 48th Street? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

