Located At 473 Ne 61st St, This 5-bedroom, 2-bathroom Property Is Strategically Positioned In The Heart Of One Of Miami's Most Aggressive Development Frontiers. This Submarket, Bridging The Upper East Side And The Little River/magic City Innovation District, Is Currently Seeing A Massive Influx Of Capital, With New Mixed-use Projects And Commercial Revitalization Driving A Sharp Upward Trend In Land Values. For An Investor, This Means The Asset Is Not Just An Income-producer, But A Prime Candidate For Significant Long-term Capital Appreciation. the Property Currently Operates As A High-performing Airbnb, Generating A Proven Net Operating Income (noi) Of $66,268.00. Configured As A Spacious Single-family Residence To Maximize Average Daily Rates (adr) And Guest Capacity, The Property Also Retains Its Status As A Legal Duplex. With T4-r Zoning, The Investor Has The Built-in Flexibility To Either Maintain The High-yield Short-term Rental Model Or Convert The Asset Back Into A Multi-unit Configuration To Capitalize On The Area's Soaring Long-term Rental Demand. The 4,992 Sq. Ft. Lot And Upgraded Amenities, Including A Private Hot Tub, Provide A Turnkey, Stabilized Vehicle In A Neighborhood Rapidly Transitioning Into A Premier Urban Destination.