473 NE 61st St, Miami, FL 33137
Local realty services provided by:CENTURY 21 Hansen Realty
Listed by: antonio saladrigas, vicente rodriguez
Office: fausto commercial realty consultants inc786-748-7373
MLS#:A11961470
Source:SEFMLS
Price summary
- Price:$850,000
- Price per sq. ft.:$559.21
About this home
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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Home facts
- Year built:1925
- Listing ID #:A11961470
- Updated:July 30, 2026 at 09:54 AM
Rooms and interior
- 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.
- Construction Materials:Block
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$559.21
- Tax amount:$10,172 (2025)
Features and amenities
- Pool features:Above Ground, Pool
Parking
- Total parking spaces:4
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