473 NE 61st St, Miami
#MLS: A11961470
$ 850 000
Listing date02/08/2026
CityMiami, FL 33137
Address473 NE 61st St
Area1436 sqft
Tax/year$ 10 172
Built year1925
Located at 473 NE 61st St, this 5-bedroom, 2-bathroom property is strategically positioned in the heart of one of Miamis 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 areas 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 duplex house for sale with MLS A11961470 located in LEMON CITY WHITES. If you want to buy Duplex - 473 NE 61st St Miami, FL 33137, call today!