Duplex in 473 NE 61st St Miami for sale with MLS# A11961470
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.
473 NE 61st St, Miami, FL 33137
- Price:
- $850,000.00
- Original List Price:
- $850,000.00
- Rent Includes:
- Sewer, Water, Pool, Electricity
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- MLS Number:
- A11961470
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- February 8, 2026 3:00 pm
- Living Area:
- 1,520 Sqft
- Built-Up Area:
- 1,520 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Swimming Pool Features:
- Pool, Above Ground
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Year Built:
- 1925
- Year Built Details:
- Effective Year Built
- Roof:
- Shingle
- Levels:
- One
- Construction Materials:
- Block
- Flooring:
- Laminate
- Stories:
- 1
- Tax Annual Amount:
- $10,172.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects City & County Tax
- Parking Total Spaces:
- 4
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- LEMON CITY WHITES
- Senior Community:
- No
- Documents Available:
- Financials, Rent Rolls
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Call Agent
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- LEMON 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 0
- Real Estate Folio Number (Parcel Number):
- 01-32-18-030-0220
- Zoning Description:
- 3900
- Originally published on:
- February 8, 2026 3:00 pm
- Active on the market since:
- February 8, 2026
- Price change occurred on:
- February 8, 2026 3:00 pm
- Listing Status Last Changed On:
- February 8, 2026 3:00 pm
- Photos updated on:
- February 8, 2026 8:22 pm
- Last Modified:
- February 8, 2026 11:00 pm
- Flood Zone:
- X
- Type of Association:
- None
- Style:
- Duplex
- Municipal Code:
- 1
- Subdivision Number:
- 30
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Street Name:
- 61st St
- Street Number:
- 473
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33137
- County:
- Miami-Dade
- Latitude:
- N25° 49' 57.9''
- Longitude:
- W81° 48' 48.5''
- Street Direction Prefix:
- NE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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