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ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12003041
$1,549,000

571 NE 67th Street, Miami, FL 33138

Beds
—
Baths
0
Sqft
2,262
Est. payment$10,229/mo
Home type
Quadruplex
Year built
1957
Lot size
—
Price / sqft
$685
HOA
$0/mo
Community
MORNINGSIDE AMD

Property 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 • 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

Listing activity

Days on market
186
Listed
Apr 20, 2026
MLS listing updated
Jul 27, 2026
Feed last checked
10 minutes ago

Listed by Adriana Molina · Green Wave Realty Group Corp

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Tile
Laundry
Outside

Heating & cooling

Heating
Separate Meters, Electric
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Property

Exterior

Stories
1
Building area
2,262 sqft
Patio & porch
Patio
Fencing
Fenced
Other structures
Outbuilding
Pool
No
Waterfront property
No

Lot

Lot dimensions
7200
Lot features
Regular Lot
Zoning
6107
Road frontage
West of US-1
Construction

Type & style

Home type
Quadruplex
Structure type
Multi Family
Year built
1957
New construction
No

Materials

Construction
Block
Roof
Concrete
Property condition
Updated/Remodeled
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available
Community & HOA

Community

Subdivision
MORNINGSIDE AMD
MLS area
2320

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33138
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12003041
Possession
Close Of Escrow, Negotiable
Original list price
$1,549,000
Parcel number
0132180230660
Annual property tax
$17,000
Tax year
2025
Tax legal description
MORNINGSIDE AMD PL PB 15-15 LOT 27 BLK 4 LOT SIZE 7200 SQUARE FEET COC 24614-0102 05 2006 1
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
2262
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
186
Elementary School
Morningside K-8 Academy (Miami-Dade)
High School
Miami Edison
Laundry Features
Outside
List Price
1549000
Listing Contract Date
2026-04-20
Living Area
2262
Lot Size Dimensions
7200
MLSArea Major
2320
Middle Or Junior School
Horace Mann
Mls Status
Active
On Market Date
2026-04-20
Patio And Porch Features
Patio
Photos Count
30
Postal Code
33138
Property Sub Type
Quadruplex
Property Type
Residential Income
Road Frontage Type
West of US-1
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-04-20T04:00:00Z
Stories Total
1
Subdivision Name
MORNINGSIDE AMD
Water Source
Public
Tax Annual Amount
17000
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Apr 20, 2026ListedMIAMI REALTORS® MLS$1,549,000$685/sqft

Public tax history

YearProperty taxesAssessment
2025$17,000—

Payment calculator

Estimated monthly payment$10,229/moIllustrative estimate, not a loan offer.
Principal & interest
$8,037
Property taxes
$1,417
Insurance
$775
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MORNINGSIDE AMD

Miami · Miami-Dade County · 33138

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Morningside K-8 Academy (Miami-Dade)Elementary
—
Horace MannMiddle
—
Miami EdisonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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Similar homes

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Green Wave Realty Group Corp. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.