$850,000

473 NE 61st St, Miami, FL 33137

1,520 sqft

Duplex
Built in 1925
—— sqft lot
—— car garage
$559/sqft
Listed 2 months ago

Property 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 configuration to capitalize on the area's soaring long-term rental demand. The 4,992 sq. ft. lot and upgraded amenities, including a private hot tub, provide a turnkey, stabilized vehicle in a neighborhood rapidly transitioning into a premier urban destination.

Listing Status:: Active
Date Added:: February 8, 2026
Data Last Updated:: April 30, 2026 at 9:06PM
Listing Office:: Fausto Commercial Realty Consultants Inc : 786-748-7373
Listing Agent:: Antonio Saladrigas : 786-378-1850
MLS ID:: A11961470

A/C: Central Air
Heating: Central

Style: Attached
Pool: Above Ground

Roofing: Shingle
General: Concrete Block Construction1

Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: 3900LEMON 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 001-32-18-030-0220

Sewer: Public Sewer

Source: Miami Association of REALTORS®

This listing courtesy of Antonio Saladrigas , Fausto Commercial Realty Consultants Inc

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Principal & Interest $
Property Taxes $
Home Insurance $
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