TROPICAL ESTATES 1ST ADDN,Olympia Heights

9840 SW 48th St, Miami FL 33165

4 beds · 2 baths · 1,440 ft²

For Sale · Active Listing

$650,000

Est. Payment $3,460/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,440

Sq. Ft.

1953

Year Built

Days on Market

Description

A 4/2 in Olympia Heights with Income Potential? Plus the lot is larger than typical Westchester home? This Single Family home is ready to be created into the house of your dreams. Home ACs installed (2024) and Water heater (2024). Home has built in multi-layout efficiency for income potential with private entrance. Ready for Immediate Rental Income. Roof is 12 years old and new mini-splits ACs throughout home for ample air conditioning throughout the home. 200-amp electrical panel- permit history on file. Full Inspection report is available to serious buyer request. Total Home Sq Footage is 1600 as per County Records. No HOA. No restrictions. Centrally located near Coral Gables, FIU, major highways, shopping, and dining. Pre-inspection report available upon request. Selling strictly As-Is. Showing Times Limited. Cash offer Preferred.

Facts

MLS#: A12032255
Subdivision: TROPICAL ESTATES 1ST ADDN,Olympia Heights
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1953
Lot Size: 8,850 ft²
Sq. Ft.: 1,440 ft²
Sq. Mt.: 134 m²
Price per sq. ft.: $451/ft²
Price per sq. mt.: $4,851/m²
Stories: —
Garage: —
Pool: —
Days on Market: 6 days
Listed: Jun 26, 2026
Last Updated: Jul 2, 2026
Price/Lot Sq.Ft.: $73/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/26/2026

Listed for sale

$650,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

9840 SW 48th St, Miami FL 33165Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Petersen Montessori Academy
PK,KG · private · 0.3 mi
Building Future Minds
PK,KG · private · 0.4 mi
J.C. BERMUDEZ DORAL SENIOR HIGH-7641
9,10,11,12 · public · 0.5 mi
Academir Charter School East
KG,1,2,3,4,5 · charter · 0.6 mi
Academir Charter School East Middle
6,7,8 · charter · 0.6 mi
John I. Smith K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 0.7 mi
School For Advanced Studies
11,12 · public · 0.9 mi
Divine Savior Lutheran Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12,UG · private · 1.0 mi
Doral Academy Charter High School
9,10,11,12 · charter · 1.1 mi
Doral Performing Arts & Entertainment Academy
9,10,11,12 · charter · 1.1 mi

Estimated Monthly Payment

$4,151/mo

Principal & Interest

$3,460

Property Tax

$542

Insurance

$150

HOA

Down Payment20% ($130,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Updated 2 hours ago