473 NE 61st St, Miami, FL 33137

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
473 NE 61st St,Miami, FL 33137
$850,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,520 sq. ft.
  • Multi-family
  • Active
Listed by: antonio saladrigas, vicente rodriguez
Office: fausto commercial realty consultants inc
MLS#:A11961470
Source:SEFMLS

Price summary

  • Price:$850,000
  • Price per sq. ft.:$559.21

About this home

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...

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Home facts

  • Year built:1925
  • Listing ID #:A11961470
  • Updated:April 01, 2026 at 09:52 AM

Rooms and interior

  • Living area:1,520 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1925
  • Building area:1,520 sq. ft.
  • Construction Materials:Block
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$559.21
  • Tax amount:$10,172 (2025)

Features and amenities

  • Pool features:Above Ground, Pool

Parking

  • Total parking spaces:4
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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