$850,000

473 NE 61st St, Miami, FL 33137

1,520 sqft

Duplex
Built in 1925
—— sqft lot
—— car garage
$559/sqft
Listed 1 day 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:: February 10, 2026 at 3:06AM
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

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Morningside K-8 Academy

6620 NE 5th Ave, Miami, FL, 33138

Grades PK-5

0.27 miles away

Horace Mann Middle School

8950 NW 2nd Ave, El Portal, FL, 33150

Grades 6-8

1.93 miles away

Itech@Thomas a Edison Educational Center

6101 NW 2nd Ave, Miami, FL, 33127

Grades 9-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.