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Overview

Bedroom

3

Bath

2

Year Built

1948

Sqft

1044

Property Type

Single Family Residence

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.

Property Details

MLS#

A11961004

Address

691 48th St E

City

Hialeah

State/county

FL

Zip/Postal Code

33013

Area

Hialeah 16 Addn Amd & Rev

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$9,486

Maint Fee

$--

Tax Year

2025

Dryer

Microwave

Electric Range

Refrigerator

Washer

Garden

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Boris Gelfand