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Multifamily in Miami, FL 33137
Shadowlawn, 19 NE 48th St

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OFF MARKET
$1,490,000
Estimate Payment $8,924Closing Costs
Beds
2,224
SqFt
$670
$/SqFt
Mid-Tier MultifamilyProperty Type
1926Year Built
$670/SqFtPrice per sq ft
Newly renovated Luxury Duplex in the heart of Miami’s Design District—an Investor’s Dream in one of the fastest-appreciating zip codes in Miami. This Cash-Flow Property offers 4 separate entrances and a hotel-style connecting door, allowing EASY CONVERSION into 4 income-producing units. One unit is rented for $3,200 (UNDER MARKET VALUE DUE to KICK-OUT CLAUSE); the other is vacant with rental comps of $5,500–$5,750. OVER $250K in UPGRADES including new roof, metal foundation, HVAC, and $35K in tropical landscaping. Steps from Midtown and the Miami Design District. This East Buena Vista gem is located in a rapidly appreciating neighborhood. Potential to MAXIMIZE INCOME with Airbnb ($20,000 - $35,000 PER MONTH) or maintain steady cash flow ($11,000 - $11,500) with long term tenants.
Listing Courtesy Of: The Keyes Company
Local Realty Services Provided By: Best of Luxury Realty
On Site: 393 DaysUpdated: 381 Days agoPage Views: 0

Features

MLS Number: A11897553
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1926
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-10-16T16:47:35.000-00:00
          Taxes, Fees & More
          • Taxes: 16676

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          10/16/2025
          Listed
          $1.5M
           
          $670 ft2
          $7,211 m2
          10/16/2025
          $1.5M
          Event
          Listed
          Price Per
          $670 ft2
          $7,211 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Katherine Brochin • The Keyes Company • Buyer Agency Compensation .
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          Community Snapshot
          2 – 6 BR
          Bedrooms
          $910K – $2.4M
          Price Tier
          732 - 3,404
          SqFt Range
          1929
          Year Build
          1
          Total Floors

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          Entry-Level
          Entry-Level78
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          High-End
          High-End136
          Ultra Luxury
          Ultra Luxury89

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          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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