Multi-Family
1,520
SQUARE FEET
Duplex
Type
1925
Built
Listing courtesy of
Fausto Commercial Realty Consultants Inc
Antonio Saladrigas
MLS® #A11961470
Listing information last updated June 10, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Fausto Commercial Realty Consultants Inc — and every agent and broker in Miami — to get the deal done.
Overview
This duplex in Morningside offers 1,520 square feet, and is listed for sale at $850,000 (about $559 per square foot). Built in 1925.
Located at 473 NE 61st St, this 5-bedroom, 2-bathroom property is strategically positioned in the heart of one of Miami’s most aggressive development frontiers. This submarket, bridging the Upper East Side and the Little River/Magic City Innovation District, is currently seeing a massive influx of capital, with new mixed-use projects and commercial revitalization driving a sharp upward trend in land values. For an investor, this means the asset is not just an income-producer, but a prime candidate for significant long-term capital appreciation.
The property currently operates as a high-performing Airbnb, generating a proven Net Operating Income (NOI) of $66,268.00. Configured as a spacious single-family residence to maximize average daily rates (ADR) and guest capacity, the property also retains its status as a legal duplex. With T4-R zoning, the investor has the built-in flexibility to either maintain the high-yield short-term rental model or convert the asset back into a multi-unit configuration to capitalize on the area’s soaring long-term rental demand. The 4,992 sq. ft. lot and upgraded amenities, including a private hot tub, provide a turnkey, stabilized vehicle in a neighborhood rapidly transitioning into a premier urban destination.
Listing history
Listed for sale
Feb 8, 2026 · MIAMI MLS
$850,000
Days on market
as of today
163 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)
$10,172
Association type
None
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 #A11961470
Price$850,000
Size1,520 Square Feet
Year built1925
TypeDuplex
StatusFor Sale
Price / Square Feet$559
Features & amenities
Has Cooling System
Has Heating System
Location
473 NE 61st St, Miami FL 33137
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
Questions, answered
Ask about this home
Questions on price, building, or financing? Send a note — we reply fast.
More like this
Other homes near Morningside
Thinking of selling?
Own a home in Morningside?
Get a no-obligation MCR estimate and see how your block has trended this year.
What's my home worth →Own a rental?
List, screen, and lease with MCR.
Applicant screening, leases, and rent collection — managed end to end by a Miami brokerage.
List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 163 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.