Active

473 NE 61st Street

Miami, FL 33137
Mark as Favorite
Bed 5

Bed

Bath 2

Bath

SqFt1,520

Sqft

SqFt4,992

Sqft(Lot)

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 o r 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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Detail Ic Property Details

Property Type : Residential

Price : $799,000

AD Id : 90974617

MLS Id : A12082857

Beds : 5

Lot Size : 4,992 Sqft

Living Area Size : 1,520

Tax Amount : 10275.00

Year Built : 1925

County : Miami-Dade

Subdivision: Lemon City

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 1

    Roofing Information

    Shingle

    Flooring Information

    Laminate, Vinyl
  • Interior Features

    BedroomOnMainLevel, MainLevelPrimary, Pantry
    Roof: Shingle
    Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Oven, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1925
    Building Area Total: 1520
    Construction Materials: Frame, Stucco
    Stories: 1
    Private Pool: No
    View: Garden
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 4992 Lot Size Acres: 0.11

    Property Information

    Subdivision: LEMON CITY WHITES Source Property Type: Residential Postal Code Plus 4: 2252 Property SubType: Single Family Residence Direction Faces: South Levels: One Property Age: 101

  • Listing Price Information

    Listing Price: $799000
    Cash, Conventional

  • Tax Information

    Parcel Number: 0132180300220 Tax Year: 2025 Annual Tax: $10275 Tax Legal Desc: 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

  • Parking Information

    Driveway

    Garage Information

    Pets Allowed: Yes

    Homeowners Association Information

    Association Amenities: Laundry

  • School Information

    Elementary School: Morningside K-8 Academy (Miami-Dade) Junior High School: Horace Mann Senior High School: Miami Edison
  • Location Information

    WaterSource: Public
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Nearby Home Value

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133 NE 48th St, Miami, FL, 33137 $1,150,000 4 2 1,590 5,250 Sqft
650 NE 32nd St #4306, Miami, FL, 33137 $895,000 2 2 1,067 --
770 Lake Road, Miami, FL, 33137 $28,750,000 6 7 5,421 12,740 Sqft
680 Buttonwood Lane, Miami, FL, 33137 $10,800,000 5 6 3,645 16,886 Sqft
655 Buttonwood Lane, Miami, FL, 33137 $10,900,000 3 3 2,322 13,590 Sqft
621 NE 57th Street, Miami, FL, 33137 $2,000,000 4 4 2,633 10,810 Sqft
601 NE 56th Street, Miami, FL, 33137 $8,150,000 7 8 5,374 8,869 Sqft
700 NE 24th Street #4601, Miami, FL, 33137 $2,999,000 4 6 2,663 2,279 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/06/2026 @ 02:19

MLS: A12082857 LISTED BY: Fernando Rodriguez, Douglas Elliman 305-695-6070 SOURCE: Beaches MLS

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