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Charming Single-Family Home with Duplex Zoning in Miami

This five-bedroom Miami home offers unique duplex zoning near Wynwood and the Design District.

$1,599,000

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MLS #A11822336

Listing Updated: 2026-06-25 06:28:18

Listed By: LoKation

Overview

Nestled in the vibrant Buena Vista Heights Extension, this 5-bedroom, 3-bathroom home spans over 2,000 square feet with a single garage and driveway parking. Built in 1935, the property blends historic charm with modern redevelopment potential in one of Miami’s fastest-growing neighborhoods. Its coveted duplex zoning sets it apart, ideal for those exploring mixed-use living or future growth opportunities. Just minutes from Wynwood, the Miami Design District, and Downtown Miami, it places residents at a cultural and commercial crossroads with excellent connectivity.

Property Highlights

Five bedrooms, duplex zoning, Buena Vista Heights Extension location, close to Wynwood and Design District, single garage, driveway parking, built 1935, 2072 sqft.

Property Details

City: Miami

State: FL

Zip Code: 33127

Address: 337 NW 48th St, Miami FL 33127

Year Built: 1935

Property Type: Residential

Property Sub Type: Single Family Residence

Listing Office Name: LoKation

County: Miami-Dade County

Garage Spaces: 1

Parking Features: Driveway

Interior Features: First Floor Entry, Other

Exterior Features: None

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $10,688

Days On Market: 359 Days

Original Listing Description

Presenting an exceptional investment opportunity in the heart of Miami's most dynamic redevelopment corridor. This duplex-zoned parcel is the lowest-priced offering south of NW 54th Street within Buena Vista Heights Extension—an area witnessing an unmistakable wave of luxury construction, with multimillion-dollar mansions rising just a few feet away. Surrounded by the energy of Wynwood and the Miami Design District, a short drive from Downtown Miami, South Beach, and Miami International Airport, this site positions any future development at the intersection of culture, commerce, and connectivity. This offering is currently a single-family home with an ancillary T3-L, featuring an Existing Land Use: 20-Two Family (Duplexes).

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

337 NW 48th St, Miami FL 33127

About This Neighborhood

Located in the dynamic Buena Vista Heights Extension, this home offers access to a lively community blending historic charm and contemporary luxury. Surrounded by art galleries, trendy cafes, and upscale boutiques, it’s an appealing spot for those drawn to Miami’s creative energy. Easy drives connect residents to South Beach, Downtown, and the airport, making everyday commuting and weekend excursions effortless.

Walkability & Lifestyle

Buena Vista Heights Extension boasts a walkable atmosphere with various restaurants, coffee shops, and boutique stores within easy reach. Residents can enjoy short trips to local parks or venture into Wynwood’s vibrant scene on foot. The neighborhood strikes a balance between quiet residential streets and active urban conveniences.

Things To Do Nearby

Residents have an abundance of lifestyle options nearby, including art walks in Wynwood, shopping in the Design District, and waterfront activities along Biscayne Bay. The proximity to parks and marinas offers outdoor leisure, while Downtown Miami’s cultural venues and nightlife provide additional entertainment choices.

Nearby Schools

Families here benefit from access to a range of nearby educational options within Miami. The neighborhood’s convenient positioning offers relatively straightforward commutes to public and private schools, supporting a balanced lifestyle with easy access to learning environments suitable for all ages.

Why Buyers Like This Area

Buyers appreciate the unique combination of historic character and zoning flexibility this property offers. Its prime location near Miami’s artistic and commercial hubs appeals to those valuing cultural vibrancy alongside residential comfort. The property is ideal for creatives, professionals, or families wanting both community and connectivity.

Investment Potential

Situated in Miami’s vibrant Buena Vista Heights Extension, this home’s duplex zoning provides a distinctive opportunity for buyers seeking versatility. The area is experiencing a surge in luxury development, adding value to properties nearby. Proximity to Wynwood’s creative hub and the Design District enhances rental appeal, especially for those interested in short-term tenants or seasonal rentals. Buyers should consider the evolving neighborhood dynamic as part of their acquisition strategy.

Market Trends

This part of Miami has seen noteworthy redevelopment with upscale homes transforming the local landscape. Being the most affordable duplex-zoned property south of NW 54th Street positions it uniquely in a competitive market. The area’s growth is backed by its proximity to prominent cultural districts, contributing to a steady rise in property value and neighborhood desirability.

Rental Income Potential

The home’s location close to Wynwood and the Design District enhances its rental attractiveness, drawing visitors seeking a cultural Miami experience. Its duplex zoning allows for flexible rental arrangements, potentially appealing to those exploring multi-unit leasing. Seasonal demand in the area supports consistent rental interest, particularly during peak tourism months.