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473 NE 61st StMiami, FL 33137

For Sale

$799,000

Smart Buyer Rebate $7,990

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.

Listed by Fernando Rodriguez

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License #3482925

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Douglas Elliman

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7864732230

Listed by Samantha Rios

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License #3629012

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Douglas Elliman

Last updated October 20, 2026

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Source: SEF #A12082857

Listing Facts

  • TypeSingle-family
  • NeighborhoodPalm Grove
  • Bedrooms5
  • Bathrooms2
  • Days on Prevu58
  • Taxes$10,275/year
  • Size1,520 sqft
  • Price per sqft$526

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

09/03/2026
Listed by Douglas Elliman
$799,000
  1. 09/03/2026$799,000
    Listed by Douglas Elliman

Property Details for 473 NE 61st St

Association

Amenities

  • Pets Allowed: Cats OK, Dogs OK, Yes

Exterior

Construction

  • Roof: Shingle
  • Stories: 1
  • Year Built: 1925
  • Year Built Details: Resale
  • Architectural Style: One Story
  • Construction Materials: Frame, Stucco

Features

  • Direction Faces: South
  • Pool Features: Above Ground, Private
  • Pool Private: Yes
  • View: Garden

Measurements

  • Building Area Total: 1,520
  • Lot Size Area: 4,992
  • Lot Size Square Feet: 4,992
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-32-18-030-0220
  • Tax Annual Amount: $10,275.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl
  • Interior Features: Pantry, Master Downstairs

Measurements

  • Living Area: 1,520

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5

Other

Location

  • Subdivision Name: LEMON CITY WHITES

Parking

Parking

  • Parking Features: Driveway

Schools

High School

  • High School: Miami Edison

Middle or Junior School

  • Middle Or Junior School: Horace Mann

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 2 bathrooms in this single-family home at 473 NE 61st St.

What schools are nearby to 473 NE 61st St?

Nearby schools include the Horace Mann Middle School and Miami Edison High School.

What are the annual taxes for 473 NE 61st St?

Annual taxes for this single-family home are estimated at $10,275.

How does 473 NE 61st St compare to other single-family homes in Palm Grove?

This single-family home is listed 39% below the average price for single-family homes in Palm Grove and has been on the market for 140 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,520 sqft.

473 NE 61st St is a 5-bedroom, 2-bath single-family home for sale in Miami FL 33137. Listed on Prevu for 58 days at $799,000. This residence features 1,520 square feet of living space, located in Palm Grove. The median listing price for single-family homes in this area is $994,000. Nearby schools include Horace Mann Middle School and Miami Edison High School. Property amenities include dishwasher, pets allowed, air conditioning, parking, swimming pool, and washer/dryer. Explore more single-family home listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.