481 NE 61st St, Miami FL 33137 | Miami-Dade County | A11960591
- $625,000
- $625,000
Description
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.
Property Overview
This is a -bedroom, -bath home of about square feet at 481 NE 61st St, Miami FL 33137 (Miami 33137), listed at $625,000.
Monthly Costs, Stated Plainly
This home has no mandatory HOA (single-family / no association on record).
The tax of record is $3,902 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $12,500/yr (≈ $1,042/mo); with the homestead exemption on a primary residence, about $11,500/yr (≈ $958/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 481 NE 61st St, Miami FL 33137 is $625,000. While the MLS does not specify the furnished status, fixtures and built-in appliances—like lighting, shelving, or the refrigerator if installed—typically convey with the home. Community or HOA amenities (if any) would be separate; I’d confirm those details for you. For precise verification of what’s included, reach out to Christopher Lazaro, Miami Real Estate Realtor, directly—he’ll clarify every detail.
Where exactly is it, and what should I know about the location?
481 NE 61st St is located in Miami, FL 33137, positioned along the city’s vibrant coastal corridor. This area offers convenient access to major thoroughfares, beaches, and cultural hubs while maintaining a residential feel. For precise insights on local amenities, zoning, or market dynamics, connect directly with Christopher Lazaro, Miami Real Estate Realtor, to discuss your priorities.
What are the HOA / association fees, and what do they cover?
This single-family home at 481 NE 61st St has no mandatory HOA—meaning no association fees or shared amenities. As the owner, you'd handle all utilities, landscaping, and exterior upkeep independently, though the property remains subject to Miami's city ordinances for compliance. For full clarity on local regulations or to explore similar low-maintenance properties, contact Christopher Lazaro, Miami Real Estate Realtor, for personalized guidance.
What are the property taxes and homestead implications?
The current tax of record for 481 NE 61st St is $3,902 (2025), but Florida reassesses upon sale. As an estimate only — using a Miami-Dade rate near 2.0% — taxes at the $625,000 list price would approximate $12,500/yr (≈ $1,042/mo) without homestead. Florida's homestead exemption, which lowers taxable value for primary residences only, could reduce this to about $11,500/yr (≈ $958/mo). These are estimates, not quotes — connect with Christopher Lazaro, Miami Real Estate Realtor, to verify exact figures with the Miami-Dade Property Appraiser and a tax professional.
Is the home in a flood zone, and what does that mean?
Flood zones indicate a property's risk level for flooding, with FEMA classifying areas as high-risk (like Zone A or V) or moderate/low-risk (Zone X). You can review FEMA's flood zone definitions here and View the FEMA flood map for this address to confirm specifics. Lenders often mandate flood insurance in high-risk zones, so it's wise to factor this into your budget. For precise guidance on this $625,000 Miami property, connect with Christopher Lazaro, Miami Real Estate Realtor, to verify the details and explore your options.
Are pets allowed?
This is a single-family home at 481 NE 61st St, so there’s no condo or HOA restricting pets—ownership or rental terms are entirely up to you, within Miami-Dade County guidelines. Documented service animals and emotional support animals (ESAs) are protected under federal law. For precise details on local ordinances or lease agreements, contact Christopher Lazaro, Miami Real Estate Realtor, to confirm what applies here.
How is the price set and is there room to negotiate?
In Miami's current market, single-family homes are closing at 95% of original list price, with an average of 41 days to contract (MIAMI REALTORS®, May 2026). For 481 NE 61st St, we've anchored the $625,000 listing to a hyperlocal comparative market analysis—accounting for recent sales, upgrades, and demand in Miami's Upper Eastside. While seller flexibility exists, strategic positioning matters; let’s review a fresh CMA together before drafting your offer. Connect with Christopher Lazaro, Miami Real Estate Realtor, to verify today’s negotiating leverage.
What financing step do you recommend before touring?
Before touring 481 NE 61st St, I strongly recommend securing a pre-approval from a Florida Licensed Mortgage Loan Officer. This clarifies your budget and strengthens your position in Miami’s competitive market, especially for a home listed at $625,000. Once pre-approved, reach out to Christopher Lazaro, Miami Real Estate Realtor, to verify your readiness and schedule a showing—he’ll ensure you’re fully prepared to move forward.
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 61st St
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City: Miami
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Zip/Postal Code: 33137
Details
Updated on July 5, 2026 at 12:46 am-
Property ID A11960591
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Price $625,000
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Property Status Active, Commercial Land
Additional details
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Building LEMON CITY WHITES
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Area Lemon City Whites
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Annual Tax 3902
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Association No
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Private Pool No
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Listing Terms All Cash, Joint Venture, Owner Will Carry
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Waterfront No
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Subdivision LEMON CITY WHITES
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Structure Type Other
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Tax Year 2025
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Flood Zone X
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New Construction No
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Lot Size (Sq Ft) 4760
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