571 NE 67th St, Miami, FL 33138
MORNINGSIDE AMD · Miami-Dade County
Key Facts
Description
Rare opportunity to acquire a fully occupied income producing property -fourplex- with flexible T5-L mixed zoning, multiple rental strategies, and included redevelopment plans in the heart of Miami's thriving MiMo District. Currently generating $95,040 in annual gross rental income, this property offers immediate cash flow while providing exceptional long-term upside through its highly desirable T5-L zoning. The property features a desirable unit mix consisting of one 2bedroom/2bathroom unit, two 1bedroom/1bath units, and one studio apartment, creating diversified rental income and broad tenant appeal. Situated on a 7,150 SF lot, this is far more than a traditional multifamily investment. The property's flexible mixed-use zoning supports multiple investment strategies, allowing an owner to continue operating as a successful long-term rental property, explore furnished or seasonal rental opportunities, pursue short-term rental uses, or incorporate compatible commercial and professional uses. For developers and value-add investors, the opportunity is even greater. The sale includes previously approved plans for a six-unit live/work multifamily building, offering valuable head start by potentially reducing entitlement timelines and accelerating the redevelopment process. This property uniquely combines cash flow today, exceptional zoning flexibility, and significant development potential in one of Miami's fastest-growing neighborhoods
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Style
Fourplex
Year Built
1957
Stories
1
Living Area
2,262 sq ft
Parking Spaces
6
Days on Market
70
MLS® Listing#
A12003041
Property Features
Cooling
Heating
Flooring
Pool
Laundry
Patio
Fencing
Lot Features
Construction
Roof
Windows
Other Structures
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$17,000
Tax year 2025
Parcel Number
01-32-18-023-0660
Affordability Calculator
$309,800
Estimated monthly payment
$8,244/mo
Principal $1,239,200 · Est. interest $1,728,794 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Miami, FL
- $615,749
- Median Listing Price
- 113
- Median Days on Market
- 1,173
- Median Sq Ft
- $514
- Median Price / Sq Ft
- 10,705
- Active Listings
- This home’s price is 152% above the area median.
- Its price per sq ft is 33% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Miami, FL.
Location
Points of Interest in Miami, FL
Showing the Miami area map.
Nearby Schools
Morningside Elementary School
Elementary · 0.2 mi away
Cushman School
Secondary · 0.4 mi away
The Endeavor School Miami
Secondary · 0.4 mi away
Tangerine Montessori
Elementary · 0.6 mi away
Toussaint L'Ouverture Elementary School
Elementary · 0.8 mi away
Itech@Thomas A Edison Educational Center
Secondary · 1.0 mi away
Miami Edison Middle School
Elementary · 1.1 mi away
Morningside Montessori School
Elementary · 1.1 mi away
Phyllis R. Miller Elementary School
Elementary · 1.2 mi away
Edison Park K-8 Center
Elementary · 1.2 mi away
MS. Claudia's Village Academy
School · 1.3 mi away
Miami Edison Senior High School
Secondary · 1.3 mi away
The French American School of Miami
School · 1.3 mi away
Jesse J. McCrary, Junior Elementary School
Elementary · 1.4 mi away
Shadowlawn Elementary School
Elementary · 1.4 mi away
B Wright Leadership Academy
School · 1.5 mi away
Miami-Dade County Public Schools
Elementary · 1.6 mi away
Horace Mann Middle School
Secondary · 1.7 mi away
Academy for Community Education Ace
School · 1.7 mi away
Design & Architecture Senior High
Secondary · 1.7 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 20350 Highland Lakes Blvd, Miami, FL | $1,085,000 | 4 | 2 | 1,789 |
| 5152 SW 6th St, Miami, FL | $1,085,000 | 5 | 4 | 1,765 |
| 650 West Ave 1004, Miami Beach, FL | $1,089,000 | 2 | 2 | 1,078 |
| 16621 SW 58th Ter, Miami, FL | $1,090,000 | 4 | 3 | 2,736 |
| 221 NW 33rd St, Miami, FL | $1,090,000 | 3 | 1 | 1,479 |
| 3730 SW 136th Ct, Miami, FL | $1,090,000 | 4 | 3 | 2,224 |
Moving Cost Estimate
EXIT Agents in Miami
Listing Courtesy: Green Wave Realty Group Corp - 3059511845
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