LEMON CITY WHITES MIAMI A11961470

473 NE 61ST ST, Miami, FL 33137

LEMON CITY WHITES 473 NE 61ST ST MIAMI

REMARKS:

LEMON CITY WHITES 473 NE 61ST ST MIAMI. Located at 473 NE 61st St, this 5-bedroom, 2-bathroom property is strategically positioned in the heart of one of Miamis 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 areas 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.

If you are interested in buying property located at 473 NE 61ST ST, Miami, FL 33137, call us today!

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473 NE 61ST ST, MIAMI, FL 33137 - LOCATION