481 NE 61st St, Miami FL 33137 | Miami-Dade County | A11960586

481 NE 61st St, Miami FL 33137

Active Residential Income Active

$625,000

3 More

Type
Duplex

4575 Sq Ft
Area Size

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Active Residential Income Active

481 NE 61st St, Miami FL 33137 | Miami-Dade County | A11960586

481 NE 61st St, Miami FL 33137

$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 rare builder or developer opportunity for the **LC WHITES** duplex at 481 NE 61st St, Miami, FL 33137. The property is a shovel-ready 50' x 100' corner lot with approved plans for two fee-simple residences. The seller has already completed the architectural and zoning work, so construction can begin immediately without delays from permitting. Each home on the lot features a private corner entrance, 3 bedrooms, 3.5 bathrooms, a primary suite, and balconies. The floor plans are designed for ±2,256 square feet and ±2,319 square feet, totaling a combined living area of 4,575 square feet. The site is across the street from The Bennet, a new high-end development near The Cushman School, and offers easy access to I-95. The project is positioned in a growing area where new construction townhomes are selling at $615 per square foot. With this opportunity, the total projected sell-out value for both units is approximately $2,813,625. The plans will only be shared during the due-diligence period, and the lot is visible from the road. For more information or to tour the site, call 305-859-4733.

Frequently Asked Questions

What is the property type and how is it zoned?

The property is a duplex with approved plans for two fee-simple residences. It is a shovel-ready 50’ x 100’ corner lot located at 481 NE 61st St, Miami FL 33137.

Are the building plans included in the purchase?

Yes, the seller has already worked with architects and city officials to secure approved plans for the two homes. The plans are included but will only be shared during the due-diligence period.

What are the approximate sizes and features of each home?

Each home features approximately 2,256 SF and 2,319 SF, with 3 bedrooms, 3.5 bathrooms, a primary suite, balconies, and separate corner entrances.

Where is the property located and what is its proximity to major landmarks?

The property is located across from The Bennet, a new high-end development, near The Cushman School, and has easy access to I-95 in Miami.

Can the construction start immediately after purchase?

Yes, the property is shovel-ready, which means it is fully permitted and approved for construction. You can begin building immediately upon purchase.

Is there an estimate for the potential resale value of the two homes?

Based on the current market, new construction townhomes in the area (like The Bennet) are selling at $615 per square foot. The combined floor area of the two homes is approximately 4,575 SF, which could result in a total potential resale value of over $2,813,625.