473 NE 61st St Active

Miami,FL 33137

$ 850000

5 Beds

2 Baths

1520 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,520 sqft

Price per Sqft $559

Subdivision Lemon City Whites

MLS Listing ID A11792431

Style One Story

Bedrooms 5

Full Baths 2

Year Built 1925

Annual Tax Amount $9,754

Tax Year 2024

Lot Size 4,992 Sqft

Property Sub-Type Single Family Residence

Property Description

5 bedrooms and 2 bathrooms in 1,436 square feet of living space on a 4,992 square foot lot. This property was originally a legal duplex but is currently configured as a single-family home to maximize its average daily rate. It is currently operating as an Airbnb and generating a net operating income of $66,268.00. The property is zoned T4-R, which allows for conversion back to a duplex. This is a great for both home buyers and investors by being located in Miami's new residential frontier and a proven business model generating great returns.

Location

State FL

County Miami-dade

Community Lemon City Whites

Area 32

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Laundry Washer Hookup,Dryer Hookup

Exterior

Exterior Feature Patio

Pool Above Ground,Pool

View Y/N No

View None

Roof Type Shingle

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Structure Type Block

Schools

Elementary Schools Morningside

Middle Schools Horace Mann

High Schools Miami Edison

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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