$3,000,000
58 48th Street
Miami, FL 33137
Listing updated: February 7, 2026 at 6:49 AM ET
Listing courtesy of Bb Residential Real Estate Llc · Beau Broker · MLS #OM718302 · Active · 352-208-9945Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
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.
Local Insight
At $1,578/sqft for a 1922 house in Shadowlawn, you're paying a solid premium for the location and pool rather than the bones—factor in what updates this century-old home might need beyond cosmetics, especially plumbing and electrical. The 0.29-acre lot is tight for Miami, so that private pool is doing real work for your outdoor space, but it also means limited room to expand if you ever wanted to. Being in flood zone X is a genuine advantage here that should help keep insurance reasonable, though you'll want to verify the actual flood history of the property itself rather than just trusting the zone designation.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: ActiveFeb 6, 2026
- Listed$3,000,000Feb 6, 2026
- Price increased$3,000,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 1
- Subdivision
- Shadowlawn
- County
- Miami-Dade
- Year built
- 1922
- Living area
- 1,901 sq ft
- Price/sq ft
- $1,578
- Building area
- 2,000 sq ft (Public Records)
- Lot size
- 12,650 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12086C0304L)
- Pool
- Private pool
- Annual taxes
- $26,315 (2025)
- Parcel #
- 01-3124-017-0600
- Zoning
- 0104
- MLS #
- OM718302
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Concrete
- Appliances
- None
- Interior features
- Cathedral Ceiling(s)
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- North
- Fireplace
- Yes
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
- Available for lease
- No
Exterior & Construction
- Exterior features
- Garden
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Block
- Pool
- Private pool
- Road surface
- Concrete
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Bedroom 2 | First | |
| Bedroom 3 | First | |
| Bedroom 4 | First | |
| Bathroom 1 | First | |
| Bathroom 2 | First | |
| Bathroom 3 | First | |
| Living Room | First | |
| Kitchen | First |
Listing Details
- Listing date
- 2026-02-05
- On market date
- 2026-02-06
- Original list price
- $3,000,000
- Occupant type
- Vacant
- MLS area
- 99999 - Unknown
- Listing AOR
- Ocala - Marion
- Status changed
- 2026-02-06
- Tax legal description
- SHADOWLAWN PB 6-47 LOTS 3 & 4 BLK 5 LOT SIZE 110 X 115 OR 19874-0992 08 2001 1
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Take exit 4 from I-95 S. Continue on N Miami Ave. Drive to NE 48th St.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of February 7, 2026 at 6:49 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA