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Single Family Residence at 245 NE 48th St, Miami FL 33137Active
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Single Family Residence
$1,025,000$699 / sqft

245 NE 48th St, Miami FL 33137

3
Bedrooms
2
Bathrooms
1,466 sqft
Interior
1946
Year built
None
HOA
Single Family Residence
Type

About this home

Prime Location With Development Opportunity In Iconic Design District - Home Offer 3 Bedrooms & 2 Baths With A total 1866 Sq. Ft. - Interior Waiting Renovation - One car Garage - Enjoy Immediate Access To World Class Dinning - Luxury Shopping - Art Galleries And More While Still Enjoying The Tranquility Of Private Residential Setting - Minutes From Miami Beach - Midtown - Wynwood - Downtown Miami - Brickell - Airport & Seaport

Features

  • First Floor Entry
  • Great Room
  • Fruit Trees
  • Other

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$5,183

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$5,183
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
H. Hicks Real Estate Group, Inc

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.