Miami, FL 33137,19 NE 48th St
Miami, FL 33137,19 NE 48th St
Miami, FL 33137,19 NE 48th St
Miami, FL 33137,19 NE 48th St
Miami, FL 33137,19 NE 48th St
Miami, FL 33137,19 NE 48th St
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$ 1,490,000
Est. payment | /mo

2,224 SqFt


$ 1,490,000
Est. payment | /mo

2,224 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,224 sqft

Price per Sqft $669

Subdivision Shadowlawn

MLS Listing ID A11897553

HOA Y/N No

Year Built 1926

Annual Tax Amount $16,676

Tax Year 2024

Property Sub-Type Duplex

Property Description

Newly renovated Luxury Duplex in the heart of Miami's Design District—an Investor's Dream in one of the fastest-appreciating zip codes in Miami. This Cash-Flow Property offers 4 separate entrances and a hotel-style connecting door, allowing EASY CONVERSION into 4 income-producing units. One unit is rented for $3,200 (UNDER MARKET VALUE DUE to KICK-OUT CLAUSE); the other is vacant with rental comps of $5,500–$5,750. OVER $250K in UPGRADES including new roof, metal foundation, HVAC, and $35K in tropical landscaping. Steps from Midtown and the Miami Design District. This East Buena Vista gem is located in a rapidly appreciating neighborhood. Potential to MAXIMIZE INCOME with Airbnb ($20,000 - $35,000 PER MONTH) or maintain steady cash flow ($11,000 - $11,500) with long term tenants.

Location

State FL

County Miami-dade

Community Shadowlawn

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-24-017-0220

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11897553

Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Keyes Company
Ady Laitano

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(786) 258-1830

ady@adylaitano.com

1400 S International Pkwy, Lake Mary, FL, 32746, USA

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19 NE 48th St