$199,000

2990 48th St, Miami, FL 33142

On market
68 days on market
MLS #
A12055046

Excellent opportunity to own a church in the heart of Miami, located in one of the city's fastest-growing submarkets. Ideal for a growing congregation or potential redevelopment, subject to zoning approval. The adjacent lot is also available for purchase, offering added expansion potential. The building needs some TLC, and the seller is willing to assist with necessary repairs. Available for immediate purchase. Call the listing agent for details.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Position in the area’s price distributionThe asking price is $199,000; the median of recorded sales in the area is $577,000 (699 sales). On raw price that is 66% below the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33127, 33136, 33142 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$59,700
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$922
Loan amount
$139,300
Total interest over the term
$192,654
Total repaid
$331,954

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Florida Realty of Miami Corp

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. 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.

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