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$1,549,000
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Property Description
Fourplex with T5L Zoning + Previously Approved 6 Unit Development Plans in Miami's MiMo District. Exceptional investment opportunity in the heart of Miami's rapidly evolving MiMo District. This 4-unit multifamily property sits on a 7,200 SF lot and offers a unique combination of immediate income, value-add potential, and future development upside. The property features a desirable unit mix including a 2-bedroom, two 1-bedrooms units, and a studio, with three units currently leased and one vacant-providing immediate opportunity to increase income or reposition for short-term rentals. Zoned T5L, the property allows for flexible urban development, including short-term rentals (Airbnb), and comes with previously approved plans for a 6-unit live/work multifamily building, significantly reducing entitlement timelines for developers. Located just steps from Biscayne Boulevard and within close proximity to the Design District, Wynwood, and Midtown, the property is surrounded by major new developments including Adela at MiMo Bay, Adela II, and 01 MiMo Condominiums - further enhancing long-term value and demand. Whether you're an investor seeking strong income with upside, or a developer looking for a well-positioned site in a high-growth corridor, this property offers multiple paths to value creation.
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: 4/20/2026
- Added to Site: 15 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
Get Pre-Approved Today
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
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.

