Home in 473 NE 61st Street, Miami, FL 33137 for sale with MLS# A12082857

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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473 NE 61st Street, Miami, FL 33137

Price
Price:
$799,000.00
Original List Price:
$799,000.00
List Price per Sq Ft (Calculated, Approx.):
$525.65
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
New Listing
Last Major Update on:
September 3, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
2
Full Bath:
2
Room Type:
Other
Master Bedroom Bath:
Master Bdrm - Ground, Bedroom On Entry Level
Measures
Living Area:
1,520 Sqft
Built-Up Area:
1,520 Sqft
Lot Size Acres:
0.11
Property Features
View from the Property:
Garden
Waterfront:
No
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Oven
Interior:
Pantry
Fireplace
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
South
Construction
Year Built:
1925
Roof:
Shingle
Levels:
One
Entry Level (floor):
1
Construction Materials:
Frame, Stucco
Flooring:
Vinyl, Laminate
Number of stories:
1
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$10,275.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Driveway
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Pets Allowed?
Amenities Provided by the Homeowner's Association (HOA):
Laundry
Subdivision Name:
LEMON CITY WHITES
Senior Community:
Yes
Restrictions:
No Restrictions
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, 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:
Morningside K-8 Academy (miami-dade)
High School:
Miami Edison
Middle Or Junior School:
Horace Mann
Listing History
Active on the market since:
September 3, 2026
Listing Agreement executed on:
September 3, 2026
Listing Status Last Changed On:
September 3, 2026 4:00 am
Photos updated on:
September 3, 2026 2:55 pm
Last Modified:
September 3, 2026 2:56 pm
Additional Information
Courtesy of:
Douglas Elliman
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) 39 Good
☀️ O3 30 Good
🫁 PM2.5 39 Good
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Association of REALTORS®
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