Rare opportunity to acquire a historic property in Miami’s highly desirable Buena Vista neighborhood, just minutes from the Design District, Midtown, Wynwood, and Miami Beach.Situated on a 6,270 SF lot, the property features an existing residence and benefits from extensive pre-development work completed by the current ownership. Significant investment has been made in architectural design, surveys, planning, and historic review efforts, providing a strong foundation for future redevelopment.A luxury residential concept has already been designed, offering a unique opportunity for a buyer to continue the approval process and potentially save considerable time and expense compared to starting a project from the ground up.Whether pursuing a substantial renovation, restoration, expansion, or redevelopment (subject to applicable approvals), this property presents exceptional potential in one of Miami’s most sought-after residential markets.Architectural plans, surveys, and development-related materials are available upon request. Buyer is responsible for independently verifying zoning, historic preservation requirements, approvals, and development potential. Property is being sold As-Is.
Listing Provided Courtesy of Optimal Realty Group LLC at 305-970-0119
Property Details
Price:
$1,050,000
MLS #:
A12043634
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SHADOWLAWN
Neighborhood:
2310
Listed Date:
Jun 25, 2026
Finished Sq Ft:
1,796
Total Sq Ft:
1,796
Lot Size:
273,121,200 sqft / 0.14 acres (approx)
Year Built:
1938
See this Listing
Schools
Middle School:
Jose De Diego
High School:
Booker T. Washington
Interior
Appliances
Other
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Other
Heating
Central
Levels
One
Exterior
Association Amenities
None
Construction Materials
CBS
Covered Spaces
2
Direction Faces
Northeast
Exterior Features
None
Garage Spaces
2
Parking Features
Driveway
Roof
Barrel
Financial
Tax Year
2025
Taxes
$1,522
Map
Community
- Address90 NE 48th Street Miami FL
- SubdivisionSHADOWLAWN
- CityMiami
- CountyMiami-Dade
- Zip Code33137
Market Summary
Current real estate data for Single Family in Miami as of Nov 01, 2026
2,947
Single Family Listed
99
Avg DOM
560
Avg $ / SqFt
$1,436,995
Avg List Price
Property Summary
- Located in the SHADOWLAWN subdivision, 90 NE 48th Street Miami FL is a Single Family for sale in Miami, FL, 33137. It is listed for $1,050,000 and features 2 beds, 1 baths, and has approximately 1,796 square feet of living space, and was originally constructed in 1938. The current price per square foot is $585. The average price per square foot for Single Family listings in Miami is $560. The average listing price for Single Family in Miami is $1,436,995.
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