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481 NE 61st St, Miami FL 33137

Multi-family For Sale
$625,000

BTC: 9.76562500

ETH: 391.92570343

-$74K (2026/05/08)
154 days
0 room(s)
4,575 sqft

Overview

WELCOME TO THE CUSHMAN ESTATES! Sensational builder / developer opportunity to purchase LAND WITH PLANS! Seller has already done the heavy lifting with the architects, city & zoning and will include plans to build!! Shovel-ready 50’ x 100’ corner lot with approved plans for two fee-simple residences. Save months of permitting—build immediately. Each home features a separate corner entrance, 3 bedrooms, 3.5 baths, primary suite, balconies, and ±2,256 SF & ±2,319 SF. Located across from The Bennet, a new high-end development near The Cushman School with easy access to I-95. Ideal builder or investor opportunity. With new construction townhomes (The Bennet) selling at $615 per SFT across the street, this project has combined over 4,575 SFT x $615 = $2,813,625 sell out! What an amazing profit in 1 year! But wait, there's more!! Plans will only be shared during the due-diligence period. Feel free to drive by the lot. Let's make it happen! On Zillow, scroll down to "facts & features", click on "show more", then click "View virtual tour" for your Virtual Interactive Lifestyle Concierge! Ask anything. Explore everything.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
2026
Lot:
No Data
Heating:
Central
Price/sqft:
$137
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,395,000
$505K – $1.5M
Confidence Low
List vs. estimate
$770K below estimate
List $625,000 · -55.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$136
-68.3% vs. city median $430
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.2M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,902
2025
Parking
2 spaces
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Stairs

  • Property

    • Exterior Features: Balcony

    Other Property Information

    • Parcel Number: 01-32-18-030-0230

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $3,902

  • Source details

    • MLS ID: A11960586

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 4575

    • Lot Size Dimensions: 50x100

    • Subdivision Name: LC WHITES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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 ©2026-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: Keller Williams Capital Realty