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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.
Full Property Details
Full Property Details for 473 NE 61st St
General
- Price: $799,000
- Taxes: $10,275 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12082857
- Updated: Today (9/3/2026)
- Added to Site: Today
Interior
- Interior Features: First Floor Entry, Pantry, Other
- Fireplace: Yes
- Fireplace(s): Fireplace
- Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self-Cleaning Oven, Washer
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
Other Rooms
- Living Room: Other Sq. Ft.
Exterior
- Exterior Features: None
Parking
- Parking Features: Additional Spaces Available, Driveway
Location
- Area: Lemon City Whites
- County: Miami-Dade County
- Subdivision: LEMON CITY WHITES
- Building Name: LEMON CITY WHITES
- Direction Faces: South
School Information
- Middle School: Horace Mann
- High School: Miami Edison
Community
- Community Name: Lemon City Whites
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Frame With Stucco
- Roof: Shingle
- Building Size: 1520
- Square Feet: 1,520
- Living Area: 1,520 Sq. Ft.
- Year Built: 1925
Lot Features
- Property View: Garden
- Lot Size (Sq. Ft.): 4,992
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $525.66
- Tax Amount: $10,275
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- 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
- Restrictions: No Restrictions, Ok To Lease
- Property ID: 01-32-18-030-0220
Listed by Douglas Elliman and Florida Capital Realty
Get Pre-Approved Today
Schools
Schools serving 473 NE 61st St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Morningside K-8 Academy 6620 Northeast 5th Avenue, Miami, FL 33138 | PK-5 | 0.3 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 1.9 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 473 NE 61st St
Date
Details
Price
Change
Source
9/03/2026
Listed
$799,000
911.39%
MLS
4/29/2013
Sold
$79,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 473 NE 61st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,275
9%
$605,637
—
2024
$9,424
12%
$605,776
—
2023
$8,395
24%
$605,914
101%
2021
$6,778
-4%
$301,151
-7%
2022
$7,049
4%
$323,493
7%
2021
$6,778
3%
$301,210
11%
2019
$6,565
8%
$271,371
10%
2018
$6,083
4%
$246,701
-24%
2017
$5,845
9%
$326,346
60%
2016
$5,361
19%
$203,886
10%
2015
$4,501
41%
$185,351
50%
2014
$3,187
12%
$123,767
14%
2013
$2,845
—
$108,836
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 473 NE 61st St
473 NE 61st St, Miami, FL 33137 (MLS# A12082857) is a Single Family property with 5 bedrooms and 2 full bathrooms. 473 NE 61st St is currently listed for $799,000 and was received on September 03, 2026. Want to learn more about 473 NE 61st St? Do you have questions about finding other Single Family real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

