Atlantic Luxury Advisors
90 48th St photo 190 48th St photo 290 48th St photo 390 48th St photo 4

90 48th St

Miami, FL 33137

$1,050,000
2
1
1,796 sq ft
6,270 sq ft
1938
2 car
Single Family Residence
1
Active

Listing courtesy of Optimal Realty Group LLC (Ronald Rodriguez). Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$7,522/mo
Principal and interest
$5,309
Property tax
$1,555
Homeowners insurance
$658
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$18,655/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.