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Renovation-Ready Duplex Property
For Sale
Contact for pricing
Pending

500 NW 48th St, Miami, FL 33127

Corner-lot duplex configuration with a primary residence and rear cottage, both requiring complete renovation.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market144

Property Features for 500 NW 48th St

General Information

Standard status Pending
Lot size 0.11 Acres
Property subtype Multifamily

Property Condition

Severity Major Repairs Needed
Evidence Both units are in need of complete renovation.

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Building Details

Buildings 2
Listing Agency: Coldwell Banker Realty
Listed By: Monika Tefel · License #3266738
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 7:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This duplex property occupies a 5,000-square-foot corner lot at 500 NW 48th St in Miami. The improvements include a main house with three bedrooms and one bathroom, plus a rear cottage offering one bedroom and one bathroom. Both units require complete renovation, providing a clearly defined redevelopment scope for the property.

The site is near Miami’s Design District, with Midtown shops and the Wynwood Art District located minutes away. Its two-unit configuration and central Miami setting distinguish the property within the local residential income market.

Key Highlights

  • 5,000‑square‑foot corner lot in Miami
  • Main house includes 3 bedrooms and 1 bathroom
  • Rear cottage provides 1 bedroom and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Pet Grooming Service (Bike/Boat/Book/etc) Store Garden Center Tanning Salon Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,742
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Corner-lot duplex configuration with a primary residence and rear cottage, both requiring complete renovation.
Where is this duplex located?
The property is located at 500 NW 48th St Miami, FL.
What are key features of this property?
This property features: 5,000‑square‑foot corner lot in Miami; Main house includes 3 bedrooms and 1 bathroom; Rear cottage provides 1 bedroom and 1 bathroom
(786) 502-0010 Call to check price and availability
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