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.
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
MLS #:
A12003041
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
MORNINGSIDE AMD
Neighborhood:
morningsideamd
Listed Date:
Apr 20, 2026
Finished Sq Ft:
2,262
Total Sq Ft:
2,262
Year Built:
1957
Units:
4
See this Listing
Schools
Interior
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Flooring
Tile
Heating
Electric
Exterior
Building Features
Laundry Facility
Construction Materials
Concrete Block Construction
Fencing
Fenced
Lot Features
Less Than 1/4 Acre Lot, Regular Lot, West Of US 1
Other Structures
Extra Building/Shed
Parking Spots
6
Parking Total
6
Patio And Porch Features
Patio
Roof
Concrete
Stories
1
Window Features
Blinds
Financial
Tax Year
2025
Taxes
$17,000
Map
Community
- Address571 NE 67th St Miami FL
- SubdivisionMORNINGSIDE AMD
- CityMiami
- CountyMiami-Dade County
- Zip Code33138
Subdivisions in Miami
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 159 NE 6TH STREET CONDO
- 17TH AVE MANOR
- 1800 CLUB CONDO
- 7TH ADDN TO RICHMOND HEIG
- 801 SMA RESIDENCES CONDO
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- COMFORT GARDENS
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JADE WINDS GROUP BAMBOO GARDENS CONDO
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- MAJORCA ISLES III CONDO
- MILON VENTURE
- NORTH DADE COUNTRY CLUB VILLAG
- RALPH PLAZA II CONDO
- RANDALL PARK
- ROLLING GREEN CONDO
- ROYAL GLEN
- SIERRA
- SWEETWATER ESTATES SUB
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WEST MIAMI SHORES SEC B
- WESTCHESTER PT 01
Market Summary
Current real estate data for Multi Family in Miami as of May 05, 2026
499
Multi Family Listed
149
Avg DOM
474
Avg $ / SqFt
$1,148,258
Avg List Price
Property Summary
- Located in the MORNINGSIDE AMD subdivision, 571 NE 67th St Miami FL is a Multi Family for sale in Miami, FL, 33138. It is listed for $1,549,000 To schedule a showing of MLS#a12003041 at 571 NE 67th St in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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