473 NE 61st St, Miami, FL 33137
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: fernando rodriguez, samantha rios
Office: douglas elliman305-695-6070
MLS#:A12082857
Source:SEFMLS
Price summary
- Price:$799,000
- Price per sq. ft.:$525.66
About this home
CASA MiMo - LIVE IT. RENT IT. REDEVELOP IT. A rare opportunity to acquire an income-producing property with future development potential in one of Miami’s most dynamic and centrally located urban neighborhoods. Currently operating as a successful Airbnb, CASA MiMo offers an immediate opportunity for investors seeking short-term rental income while holding a strategically located piece of Miami real estate. The approximately 1,520 SF property sits on a 4,992 SF lot and offers 5 bedrooms and 2 bathrooms in its current configuration, creating exceptional flexibility for guests, owner-users and investors alike. The real upside is in the land. Zoned T4-R (General Urban – Restricted) under Miami 21, the property offers potential for future redevelopment, including a new single-family residence or two-family/duplex project, with T4 zoning generally allowing development up to 3 stories, subject to applicable City requirements and approvals. Ideally positioned near Miami’s Upper Eastside, MiMo District, Little River, Design District, Midtown and Wynwood, this is the type of property investors search for: income today, land value tomorrow, and multiple potential exit strategies. Continue operating the existing income-producing property, reposition it as a duplex, create a Miami residence, or explore redevelopment of the site. Opportunities combining location, existing income and redevelopment potential at this price point are increasingly difficult to find....
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Home facts
- Year built:1925
- Subdivision & Development:LEMON CITY WHITES
- Listing ID #:A12082857
- Updated:September 08, 2026 at 10:01 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Electric Range, Microwave, Pantry, Refrigerator, Self Cleaning Oven
- 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.
- Lot area:0.11 Acres
- Architectural Style:One Story
- Construction Materials:Frame, Stucco
- Levels:1 Story
Schools
- High school:Miami Edison
- Middle school:Horace Mann
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$525.66
- Tax amount:$10,275 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
- Laundry features:Dryer, Washer
- Amenities:Fireplace, Pantry
Parking
- Parking description:Driveway
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