473 NE 61st Street, Miami, FL 33137

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

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
  • Added:20 day(s) ago
  • Updated:June 15, 2026 at 02:45 PM

Rooms and interior

  • Flooring:Laminate
  • 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

Schools

  • High school:Miami Edison
  • Middle school:Horace Mann
  • Elementary school:Morningside K-8 Academy (Miami-Dade)

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

Parking

  • Total parking spaces:4
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. RMLS Member Broker: Gene Whiddon III <gwhiddon@bhgfirst.com>

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