USAFLMiamiLemon City Whites473 Ne 61St St
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473 Ne 61 St St, Miami, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$850,000

004

MLS® A11961470

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1520 sqft
Garage No
Taxes $10,172
Days Active 0
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $559
MLS® Number A11961470

Property Address: 473 Ne 61st St, Miami, FL, 33137-2252

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA11961470
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1925
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 8, 2026List Date
$850,000List Price
  • Commute

Commute

Starting Address
Destination Address
473 Ne 61 St St, Miami, FL

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