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Listing courtesy of
Keller Williams Capital Realty
Ricky Kallabat
MLS® #A11960591
Listing information last updated June 2, 2026
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Overview
This home in Morningside is listed for sale at $625,000.
WELCOME TO THE CUSHMAN ESTATES! Sensational builder / developer opportunity to purchase LAND WITH PLANS! Seller has already done the heavy lifting with the architects, city & zoning and will include plans to build!! Shovel-ready 50’ x 100’ corner lot with approved plans for two fee-simple residences. Save months of permitting—build immediately. Each home features a separate corner entrance, 3 bedrooms, 3.5 baths, primary suite, balconies, and ±2,256 SF & ±2,319 SF. Located across from The Bennet, a new high-end development near The Cushman School with easy access to I-95. Ideal builder or investor opportunity. With new construction townhomes (The Bennet) selling at $615 per SFT across the street, this project has combined over 4,575 SFT x $615 = $2,813,625 sell out! What an amazing profit in 1 year! But wait, there’s more!! Plans will only be shared during the due-diligence period. Feel free to drive by the lot. Let’s make it happen! On Zillow, scroll down to “facts & features”, click on “show more”, then click “View virtual tour” for your Virtual Interactive Lifestyle Concierge! Ask anything. Explore everything.
Listing history
Price reduced
↓ $25,000 from $650,000 · May 8, 2026 · MIAMI MLS
$625,000
Listed for sale
Feb 10, 2026 · MIAMI MLS
$699,000
Days on market
as of today
162 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$3,902
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11960591
Price$625,000
StatusFor Sale
Location
481 NE 61st St, Miami FL 33137
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