Basic Information

  • MLS # A12082857
  • Type Single Family Home
  • Subdivision/Complex Lemon City Whites
  • Year Built 1925
  • Total Sqft 4,992
  • Date Listed 09/03/2026
  • Days on Market 5
Description

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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description Driveway
  • Exterior Features None

Interior Features

  • Adjusted Sqft 1,520Sq.Ft
  • Interior Features Bedroom On Main Level, First Floor Entry, Fireplace, Pantry
  • Sqft 1,520 Sq.Ft

Property Features

  • Aprox. Lot Size 4,992
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Lemon City Whites
  • Tax Amount $10,275
  • Tax Year 2025

473 NE 61st St

Miami, FL 33137

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman. tel: 305-695-6070

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