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Active - House for sale

473 NE 61st St, Miami FL 33137

5 bds|2 bth|1,520 sqft

Facts & features

House Property type
72 days on Beycome
1925 Year built
$526 Price/Sqft.

Why you’ll love it

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.

Translating description...

Listings courtesy of Douglas Elliman.

Listed by: Fernando Rodriguez • 786-473-2230 • Douglas Elliman

Co-listed by: Samantha Rios • 786-473-2230 • Douglas Elliman

Source: Miami MLS, MLS#: A12082857 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$520,000$1,080,000
1%20%
0%90%
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Estimated monthly payment

$4,896/mo

  • Mortgage$4,040
  • Property tax$856
  • HOA fee
  • Homeowners insurance
Due at closing$635,205
Down payment held in escrow$159,800
Closing costs$11,985
beycome credit Est.$15,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Lemon City Whites

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Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$799,000 Listed price

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