$850,000

473 NE 61st Street, Miami, FL 33137

  • 1,520 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $559/sqft
  • Property List Date Icon Listed 4 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:
June 19, 2026 at 9:20PM
Listing Office:
Fausto Commercial Realty Consultants Inc : 786-748-7373
Listing Agent:
Antonio Saladrigas : 786-378-1850
MLS ID:
A11961470
  • Flooring: Laminate
  • A/C: Central Air
  • Heating: Central
  • Pool: Above Ground
  • Parking: Parking spaces: 4
  • Roofing: Shingle
  • General: Block1
  • Originating MLS: BEACH_MIAMI
  • County: Miami-Dade
  • 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 00132180300220
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Source: BEACH_MIAMI

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

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