473 NE 61st Street, Miami, FL 33137 (MLS# A11961470)

473 NE 61st Street, Miami, FL 33137

$850,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11961470

Property Type: Residential Income Square Footage: 1,520 Status: Active

Current Price: $850,000 List Date: 2/08/2026 Last Modified: 7/15/2026

Overview

Description

Located at 473 NE 61st St, this 5-bedroom, 2-bathroom property is strategically positioned in the heart of one of Miami's most aggressive development frontiers. This submarket, bridging the Upper East Side and the Little River/Magic City Innovation District, is currently seeing a massive influx of capital, with new mixed-use projects and commercial revitalization driving a sharp upward trend in land values. For an investor, this means the asset is not just an income-producer, but a prime candidate for significant long-term capital appreciation.The property currently operates as a high-performing Airbnb, generating a proven Net Operating Income (NOI) of $66,268.00. Configured as a spacious single-family residence to maximize average daily rates (ADR) and guest capacity, the property also retains its status as a legal duplex. With T4-R zoning, the investor has the built-in flexibility to either maintain the high-yield short-term rental model or convert the asset back into a multi-unit co ... (Read more)

Listing Details MLS# A11961470

General Property Information

Property Sub Type: Duplex
Building Area Main: 1520
Living Area Main: 1520
Adjusted Area Main: 1436
Year Built: 1925
Parking Total: 4
Stories Total: Yes
Pool Private YN: Yes

Property Features

Documents Available: Rent Rolls Flooring: Laminate Structure Type: Duplex Construction Materials: Block Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional Pool Features: Above Ground Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Showing Requirements: 24 Hour Notice; Appointment Only

Contract Information

Comp Sale YN: No
Original List Price: 850000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 473
Street Direction Prefix: NE
Street Name: 61st
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33137
Postal Code +4: 2252
Postal Zip: 33137
Subdivision Name: LEMON CITY WHITES
Area: 2320
Elementary School: Morningside K-8 Academy (Miami-Dade)
Middle Or Junior School: Horace Mann
High School: Miami Edison
Parcel Number: 0132180300220
Subdivision Number: 30
Zoning: 3900
Flood Zone: X

Financial Information

Tax Annual Amount: 10172
Tax Year: 2025
Tax Legal Description: LEMON CITY WHITES PB B-32 E3FT OF LOT 50 & LOT 51 LESS E1FT & LESS S4FT THEREOF LOT SIZE 4992 SQ FT OR 19974-2370 10 2001 1 COC 24415-0852 0

Status Change Information

Major Change Timestamp: 2026-02-08T20:05:34Z
Major Change Type: New Listing
Status Change Date: 2026-02-08

More Information

Price Calculations

Current Price To SqFt: 559.21

Section Details

Parcel Number MLX: 0220

Originating Details

Originating System Key: 426530902
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Laminate: Yes

Documents Available

Rent Rolls: Yes

Structure Type

Duplex: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Above Ground: Yes

Roof

Shingle: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes

Tax Information

City/County: Yes

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: July - 15 - 2026

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