About This Property

Charming 3-bedroom, 2-bath single-story home in the Ludlam area on an 8,348 sq. ft. corner lot. Approximately 1,192 sq. ft. of living space with an updated kitchen and bathrooms, plus impact windows, plantation shutters, and a detached shed. Well-maintained and move-in ready on a quiet residential street. Convenient to the University of Miami, Coral Gables, South Miami, shops, dining, hospitals, schools, and major expressways. No HOA. Great opportunity for a primary residence or investor.

Property Details

MLS #

A12090992

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

1953

Pool

Waterfront

Price / Sq Ft

$734

HOA Fee

None

Est. Insurance

$292/mo

Tax Year

2025

Tax Amount

$6,034

Garage

—

Lot Size

—

MLS Area

Reid Manor

Subdivision

REID MANOR

Mortgage Calculator

Down Payment (20%)

$175,000

Principal & Interest$4,424

Property Tax$503/mo

HOA Fee$0/mo

Insurance$292/mo

Est. Monthly Total $5,219

Interest Rate

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$6,125

Est. Monthly Rent

0.6%

Cap Rate

2.8%

Cash-on-Cash

$4,838

Net Operating Income

ROI Projections (4% Annual Appreciation)

122%

5-Year ROI

Value: $1,064,571

268%

10-Year ROI

Value: $1,295,214

442%

15-Year ROI

Value: $1,575,826

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

Market Trends

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Avg Price

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Avg Days

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Inventory

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Features

3 Bedrooms
2 Bathrooms
1,192 Sq Ft
Built 1953

6891 SW 48th Ter, Miami FL 33155

Photo Gallery (40 photos)