571 NE 67th Street, Miami, FL 33138
$1,549,000 · Active
- 0 baths
- 2,262 sq ft
- Quadruplex
- Built 1957
- MLS# A12003041
- Morningside Amd
About this home
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 • Fully occupied four-unit income-producing property• $95,040 annual gross rental income• Desirable unit mix: one 2-bedroom, two 1-bedroom units, and one studio• T5-L (Urban Center – Limited) Miami 21 mixed-use zoning• Multiple rental strategies, including long-term, furnished, seasonal, and short-term rentals where permitted and licensed• Broad mixed-use potential for residential, retail, office, restaurant, wellness, and other compatible commercial uses (subject to City approvals)• Sale includes previously approved plans for a six-unit live/work multifamily development• Immediate cash flow with exceptional redevelopment and long-term appreciation potential• Prime location in Miami’s Historic MiMo District
Schools
- Elementary: Morningside K-8 Academy (Miami-Dade)
- Middle: Horace Mann
- High: Miami Edison
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Green Wave Realty Group Corp · Listing agent: Adriana Molina
Schedule a showing
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 571 NE 67th Street.
Questions About 571 NE 67th Street
- How much is 571 NE 67th Street?
- 571 NE 67th Street is listed at $1,549,000, which is about $685 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
- What are the property taxes on 571 NE 67th Street?
- The listing reports annual property taxes of $17,000 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
- When was 571 NE 67th Street built?
- 571 NE 67th Street was built in 1957 and the listing describes its condition as updated/remodeled. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
- How long has 571 NE 67th Street been on the market?
- 571 NE 67th Street has been listed for 157 days. Days on market and price changes are the first signals of how much room there is to negotiate.
- Which schools serve 571 NE 67th Street?
- The MLS lists Morningside K-8 Academy (Miami-Dade) (elementary), Horace Mann (middle), Miami Edison (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
- How do I see 571 NE 67th Street?
- Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
Explore
- Miami real estate & homes for sale
- Morningside homes for sale
- Miami Homes for Sale Between $1,500,000 and $2,000,000
- Morningside recent sales
- Recently sold homes in Miami
- Sell your Miami home
- Miami housing market report
- 33138 homes for sale
- Miami-Dade County real estate
- Miami-Dade County housing market
- What is my home worth?
- Mortgage calculator
- All BreakThru Realty listings
Explore Nearby
Nearby Cities
- Miami Beach real estate
- Bal Harbour real estate
- Brickell real estate
- Sunny Isles Beach real estate
- Coconut Grove real estate
- Aventura real estate
- Coral Gables real estate
- Key Biscayne real estate
More Miami Neighborhoods
- Little River homes for sale
- Little Havana homes for sale
- Shenandoah homes for sale
- Silver Bluff homes for sale
- The Roads homes for sale
- Allapattah homes for sale
- Grapeland Heights homes for sale
- Flagami homes for sale
Nearby ZIP Codes
- 33125 homes for sale
- 33126 homes for sale
- 33127 homes for sale
- 33128 homes for sale
- 33129 homes for sale
- 33130 homes for sale
- 33132 homes for sale
- 33135 homes for sale
Other Miami neighborhoods include Little River and Little Havana. Nearby ZIP codes include 33125 and 33126. This property also neighbors Miami Beach, Bal Harbour, and Brickell. Compare it with the Miami housing market report.