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‹›473 NE 61st Street
473 NE 61st Street, Miami, FL 33137
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473 NE 61st Street 473 NE 61st Street, Miami, FL 33137 For Sale
$799,000
473 NE 61st Street · Palm Grove · Miami
473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 1 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 2 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 3 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 4 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 5 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 6 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 7 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 8 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 9 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 10 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 11 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 12 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 13 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 14 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 15 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 16 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 17 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 18 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 19 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 20 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 21 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 22 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 23 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 24 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 25 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 26 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 27 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 28 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 29 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 30 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 31 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 32 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 33 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 34 of 35473 NE 61st Street, 473 NE 61st Street, Palm Grove, Miami FL 33137, photo 35 of 35
$799,000Asking Price
$526Per SqFt
5/2Beds/BathsBd/Ba
1,520SqFt · 141.2 m²
MLS A12082857 · 14 days on Zilbert · Listed Sep 3, 2026 · 473 NE 61st Street, Palm Grove, Miami FL 33137Current layoutPhotos first

Property Details

Asking Price$799,000
Price per SqFt$526
Maintenance feeInquire
Property Taxes$10,275 2025
Interior Space1,520 SqFt
Beds/Baths5/2
Year Built1925
Garage0 spaces
PoolYes
Lot Size0.11 acres
MLS #A12082857

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly figures, as provided
Not providedmaintenance
$856taxes · $10,275/yr ÷ 12

Monthly carry is not computed when the association fee or the taxes are not provided.

From the listing

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 Douglas Elliman

Sales History for This Home · 473 NE 61st Street, Miami, FL 33137

Sale ⇅Sold Price ⇅Asking Price ⇅Beds/Baths ⇅SqFt ⇅Closed Date ⇅
A1754133$79,000$79,9003/21,4454/30/13
Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · I track every sale in this neighborhood. Ask me about this home or the neighborhood.
+1 (786) 280-0201
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Listed by Douglas Elliman. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.

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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.