473 NE 61st Street Miami, FL 33137
1,520 Sqft, Duplex
AGENT'S REMARKS ABOUT 473 NE 61ST STREET
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.$850,000
| Living Area | 1,520 SqFt |
| Year Built | 1925 |
| Private Pool | Yes |
| Subdivision | LEMON CITY WHITES |
| MLS# | A11961470 |
| Listing Status | Active |
| Days on Market | 2026-02-08 |
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PROPERTY DETAILS
- Property Type: Duplex
- Approx Living Area: 1,520 SqFt
- Year Built: 1925
- Stories: 1
- Flooring: Laminate
- Pool Description: Above Ground
- Roof: Shingle
- Total Floors in Building: 1
- Construction: Block
- Cooling System: Central Air
- Heating: Central
- Utility Information: Cable Available
- County: Miami-Dade
- Area: 2320
- Subdivision: LEMON CITY WHITES
- Annual Property Taxes: $10,172
- Elementary School: Morningside K-8 Academy (Miami-Dade)
- Junior High School: Horace Mann
- High School: Miami Edison
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MAP LOCATION FOR 473 NE 61ST STREET MIAMI, FL 33137
SIMILAR LISTINGS NEAR 473 NE 61ST STREET
Listing courtesy of Fausto Commercial Realty Consultants Inc 08.07.2026
If you are interested in this property at 473 NE 61st Street or any other properties in Miami please contact The Rucco Group at (561) 737-0366.