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Listed By:
This listing is courtesy of Douglas Elliman
Address
473 Ne 61st St, Miami, FL
Price
$ 799,000
Property Attributes
  • MLS#A12082857
  • TypeSingle Family
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami
  • Area32
  • NeighborhoodLEMON CITY WHITES
  • Zip33137
  • Style
  • Year Built1925
  • Taxes$ 10275
  • Price$ 799,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1520
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

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.

Middle School High School
Horace Mann Middle School Miami Edison High School
Price History
9/3/2026 Listed $799,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Possession Closing & Funding,Close Of Escrow
Roof Shingle
Appliances Dryer,Dishwasher,Electric Range,Microwave,Refrigerator,Self Cleaning Oven,Washer
Architectural Style One Story
Pool Features Above Ground,Pool
Restrictions No Restrictions,OK To Lease
Construction Materials Frame,Stucco
Pets Allowed Cats OK,Dogs OK,Yes
Year Built 1925
View Garden
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Community Features Laundry Facilities
County Miami-Dade
Property Type Residential
Subdivision Name LEMON CITY WHITES
Facing Direction South
Garage Y/N false
Full Baths 2
Special Listing Conditions Listed As-Is
Status Active
High School Miami Edison
City Miami
Senior Community Y/N false
Zoning Description 3900
MLS Area 32
Lot Size Units Square Feet
Lot Size Square Feet 4992
Carport Y/N false
Listing Terms Cash,Conventional
Year Built Details Resale
Tax Annual Amount 10275
Middle/Junior High School Horace Mann
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12082857
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Single Family Residence
PostalCity Miami
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

Interior Features

Interior Amenities Bedroom on Main Level,First Floor Entry,Fireplace,Pantry
Flooring Laminate,Vinyl
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 5
Total Baths 2

Exterior Features

Exterior Amenities None
Parking Features Driveway
Lot Features < 1/4 Acre
Water Source Public
Lot Size Area 4992
Building Area Total 1520
Private Pool true
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33137

Price
AVG $1.79M
$800K
Taxes
AVG $34,959
$10,275
Year Built
AVG 1975
1925

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