Property
ActiveResidential
1/9
$3,000,000

58 NE 48TH STREET

Miami, FL 33137
3
Beds
2
Baths
1,901
SqFt
0.29
Acres
STELLAR
#OM718302
Updated: Feb 7, 2026, 9:08am

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.
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Included Appliances
None

Property Details

Interior
Bathrooms Total Decimal
2
Building Area Total
2000
Cooling
Central Air
Fireplace Features
Wood Burning
Flooring
Concrete
Furnished
Unfurnished
Heating
Electric
Interior Features
Cathedral Ceiling(s)
Laundry Features
Inside
Living Area
1901
Rooms Total
9
Window Features
Aluminum Frames
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Direction Faces
North
Foundation Details
Block
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Fixer
Roof
Shingle
Stories Total
Yes
Year Built
1922
Site & Exterior
Carport Spaces
Yes
Covered Spaces
Yes
Exterior Features
Garden
Fencing
Wood
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.29
Lot Size Area
12650
Lot Size Dimensions
110 x 115
Lot Size Square Feet
12650
Lot Size Units
Square Feet
Other Structures
Shed(s)
Pool Features
In Ground
Public Survey Range
41
Public Survey Section
24
Road Surface Type
Concrete
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
BB/HS Internet AvailableCable ConnectedElectricity ConnectedFiber OpticsNatural Gas ConnectedPublicSewer ConnectedStreet LightsUnderground UtilitiesWater Connected
Water Source
Public
Zoning
0104
Financials
Calculated List Price By Calculated Sq Ft
1578.12
Contract Status Change Date
2026-02-06
Current Price
3000000
Feed Types
BBO
Owner Name
AL FAROUQ AMINU
Ownership
Fee Simple
Parcel Number
0131240170600
Public Survey Township
53
Tax Annual Amount
26315.33
Tax Block
5
Tax Book Number
6-47
Tax Legal Description
SHADOWLAWN PB 6-47 LOTS 3 & 4 BLK 5 LOT SIZE 110 X 115 OR 19874-0992 08 2001 1
Tax Lot
3
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
99999 - Unknown
Subdivision Name
SHADOWLAWN
WalkScore™
Walk Score
Very Walkable
88
Transit Score
Good Transit
51
Bike Score
Bikeable
67
Listing provided courtesy of STELLAR via IDX. Updated: Feb 7, 2026, 9:08am.
Beau Broker

Listing Agent

BB RESIDENTIAL REAL ESTATE LLC

Call Agent