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$1,549,000
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Property Description
Rare opportunity to acquire a fully occupied income producing property -fourplex- with flexible T5-L mixed zoning, multiple rental strategies, and included redevelopment plans in the heart of Miami's thriving MiMo District. Currently generating $95,040 in annual gross rental income, this property offers immediate cash flow while providing exceptional long-term upside through its highly desirable T5-L zoning. The property features a desirable unit mix consisting of one 2bedroom/2bathroom unit, two 1bedroom/1bath units, and one studio apartment, creating diversified rental income and broad tenant appeal. Situated on a 7,150 SF lot, this is far more than a traditional multifamily investment. The property's flexible mixed-use zoning supports multiple investment strategies, allowing an owner to continue operating as a successful long-term rental property, explore furnished or seasonal rental opportunities, pursue short-term rental uses, or incorporate compatible commercial and professional uses. For developers and value-add investors, the opportunity is even greater. The sale includes previously approved plans for a six-unit live/work multifamily building, offering valuable head start by potentially reducing entitlement timelines and accelerating the redevelopment process. This property uniquely combines cash flow today, exceptional zoning flexibility, and significant development potential in one of Miami's fastest-growing neighborhoods
Full Property Details
Full Property Details for 571 NE 67th St
General
- Price: $1,549,000
- Taxes: $17,000 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12003041
- Updated: 6/29/2026
- Added to Site: 132 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Interior
- Flooring: Tile
Exterior
- Deck/Patio: Patio
Parking
- Total Spaces: 6
Location
- Area: Morningside Amd
- County: Miami-Dade County
- Subdivision: MORNINGSIDE AMD
- Building Name: MORNINGSIDE AMD
Community
- Community Name: Morningside Amd
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Concrete
- Windows: Blinds
- Stories/Levels: 1
- Building Size: 2262
- Square Feet: 2,262
- Sq. Ft. Source: Building Plan/Survey
- Living Area: 2,262 Sq. Ft.
- Year Built: 1957
- Property Condition: Completely Renovated, Substantially Remodeled
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 4
Additional Structures
- Other Structures: Extra Building/Shed
Lot Features
- Lot Features: Less Than 1/4 Acre Lot, Regular Lot, West Of US 1
- Zoning: 6107
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $684.79
- Operating Expenses: $25,500
- Tax Amount: $17,000
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Copy Of Lease(S), Rent Rolls, Existing Survey
- Legal Description: MORNINGSIDE AMD PL PB 15-15 LOT 27 BLK 4 LOT SIZE 7200 SQUARE FEET COC 24614-0102 05 2006 1
- Property ID: 01-32-18-023-0660
Listed by Green Wave Realty Group Corp
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Schools
Schools serving 571 NE 67th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Morningside K-8 Academy 6620 Northeast 5th Avenue, Miami, FL 33138 | PK-5 | 0.2 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 1.7 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 1.3 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 571 NE 67th St
Date
Details
Price
Change
Source
4/20/2026
Listed
$1,549,000
29.08%
MLS
6/27/2022
Sold
$1,200,000
—
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 571 NE 67th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,083
—
$854,647
—
2024
$17,121
-2%
$854,647
1%
2023
$17,396
20%
$846,249
20%
2022
$14,524
-1%
$704,540
2%
2021
$14,685
—
$691,164
—
2021
$14,685
5%
$693,180
6%
2019
$13,956
2%
$653,790
—
2018
$13,734
18%
$655,714
19%
2017
$11,644
-2%
$549,638
1%
2016
$11,914
191%
$545,882
337%
2015
$4,091
31%
$124,823
10%
2014
$3,122
34%
$113,476
10%
2013
$2,337
—
$103,160
—
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 571 NE 67th St
571 NE 67th St, Miami, FL 33138 (MLS# A12003041) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 571 NE 67th St is currently listed for $1,549,000 and was received on April 20, 2026. Want to learn more about 571 NE 67th St? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

