Duplex in 473 NE 61st Street, Miami, FL 33137 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.

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Days on the market

473 NE 61st Street, Miami, FL 33137

Price
Price:
$850,000.00
Original List Price:
$850,000.00
List Price per Sq Ft (Calculated, Approx.):
$559.21
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
New Listing
Last Major Update on:
February 8, 2026 8:05 pm
Measures
Living Area:
1,520 Sqft
Built-Up Area:
1,520 Sqft
Property Features
Waterfront:
No
Private Pool
Swimming Pool Features:
Above Ground
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Construction
Year Built:
1925
Roof:
Shingle
Number of Units Total:
0
Levels:
Two
Construction Materials:
Block
Flooring:
Laminate
Number of stories:
1
Structure Type:
Duplex
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$10,172.00
Tax Year:
2025
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
LEMON CITY WHITES
Senior Community:
No
Terms
Documents Available:
Rent Rolls
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
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):
0132180300220
Zoning:
3900
Public Schools Assigned
Elementary School:
Spessard L. Holland Elementary
High School:
Miami Edison
Middle Or Junior School:
Horace Mann
Listing History
Active on the market since:
February 8, 2026
Listing Agreement executed on:
February 8, 2026
Listing Status Last Changed On:
February 8, 2026 8:05 pm
Photos updated on:
August 7, 2026 2:07 pm
Last Modified:
August 7, 2026 2:07 pm
Additional Information
Courtesy of:
Fausto Commercial Realty Consultants Inc
Attribution:
Not provided
Location
Street Name:
61st
Street Number:
473
City:
Miami
State:
Florida
Zip Code:
33137
County:
Miami-Dade
Latitude:
N25° 49' 58.1''
Longitude:
W81° 48' 48.7''
Street Suffix:
Street
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $82,798
Median Home Value $532,900
Median Rent $2,338/mo
Median Age 34
Population 27,300

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 48 Good
☀️ O3 30 Good
🫁 PM2.5 48 Good
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