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571 NE 67th St
Multi-Family
Just listed
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$1,549,000

$685/sqft

571 NE 67th St, Miami

Just listed
4 bd·5 ba·2,262 sqft
Built 1957Belle Meade West

571 NE 67th St, Miami, FL

4 bd · 5 ba · 2,262 sqft Multi-Family listed at $1,549,000, built in 1957 in the Belle Meade West neighborhood.

About this home

Fourplex with T5L Zoning + Previously Approved 6 Unit Development Plans in Miami's MiMo District. Exceptional investment opportunity in the heart of Miami's rapidly evolving MiMo District. This 4-unit multifamily property sits on a 7,200 SF lot and offers a unique combination of immediate income, value-add potential, and future development upside. The property features a desirable unit mix including a 2-bedroom, two 1-bedrooms units, and a studio, with three units currently leased and one vacant-providing immediate opportunity to increase income or reposition for short-term rentals. Zoned T5L, the property allows for flexible urban development, including short-term rentals (Airbnb), and comes with previously approved plans for a 6-unit live/work multifamily building, significantly reducing entitlement timelines for developers. Located just steps from Biscayne Boulevard and within close proximity to the Design District, Wynwood, and Midtown, the property is surrounded by major new developments including Adela at MiMo Bay, Adela II, and 01 MiMo Condominiums - further enhancing long-term value and demand. Whether you're an investor seeking strong income with upside, or a developer looking for a well-positioned site in a high-growth corridor, this property offers multiple paths to value creation.

Property details

Price
$1,549,000
Bedrooms
4
Bathrooms
5
Interior
2,262 sqft
Price / sqft
$685
Year built
1957
Type
Multi-Family
Days on market
5
Est. property tax
$13,321/yr · $1,110/mo · 0.86% FL avg
Last sold
$1,200,000 · Jun 2022
Virtual tour

Estimated monthly payment

Down payment20% ($309,800)
Interest rate6.75%
Principal & Interest$8,037
Property Tax$1,420
Insurance$150
Total$9,607/mo

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Price history

$1.70M$775K$-153K$100K on Apr 02 (Sold)$215K on Aug 03 (Sold)$270K on Jun 04 (Sold)$425K on Jun 06 (Sold)$190K on Nov 09 (Sold)$333K on Dec 09 (Sold)$600K on Aug 15 (Sold)$1K on Jun 16 (Price change)$1K on Jul 16 (Price change)$1K on Aug 16 (Price change)$1K on Aug 16 (Price change)$2K on Aug 16 (Price change)$1K on Aug 16 (Price change)$2K on Aug 16 (Price change)$1K on Sep 16 (Price change)$800K on Mar 17 (Sold)$1.20M on Jun 22 (Sold)$1.55M on Apr 26 (Initial list)
$100K · Apr 02$1.55M · Apr 26
  1. Apr 20, 2026$1,549,000Initial list price
  2. Jun 27, 2022$1,200,000Sold
  3. Mar 2, 2017$800,000Sold
  4. Sep 19, 2016$1,299Price change
  5. Aug 23, 2016$1,500Price change
  6. Aug 23, 2016$1,299Price change
  7. Aug 10, 2016$1,525Price change
  8. Aug 4, 2016$1,325Price change
  9. Aug 3, 2016$1,325Price change
  10. Jul 19, 2016$1,325Price change
  11. Jun 27, 2016$1,350Price change
  12. Aug 7, 2015$600,000Sold
  13. Dec 16, 2009$332,500Sold
  14. Nov 12, 2009$190,000Sold
  15. Jun 9, 2006$425,000Sold
  16. Jun 9, 2004$270,000Sold
  17. Aug 4, 2003$215,000Sold
  18. Apr 17, 2002$100,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 571 NE 67th St, Miami
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Home Intelligence

Neighborhood (zip 33138)

Median age is 41.3; 25% hold a bachelor's degree; 49% of homes are owner-occupied; median household income is $58,990.

Median income
$58,990
Median age
41.3
Owner-occupied
48.8%
Bachelor's degree
25.0%
Census median home value
$604,300

Source: US Census Bureau American Community Survey 5-year estimates.

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