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
For sale
$1,549,000
571 NE 67th St, Miami, FL 33138
4beds
5baths
2,262sqft
Quadruplex
Built in 1957
-- sqft lot
$-- Zestimate®
$685/sqft
$-- HOA
What's special
One studio apartmentDesirable unit mix
- 174 days
- 136
- 6
Zillow last checked:
Listing updated:
Listed by:
Adriana Molina 305-215-5070,
Green Wave Realty Group Corp
Source: MIAMI,MLS#: A12003041
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Heating
- Electric
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Features
- Flooring: Tile
- Windows: Blinds
Interior area
- Total structure area: 2,262
- Total interior livable area: 2,262 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Features
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Features: Less Than 1/4 Acre Lot, Regular Lot, West Of US 1
Details
- Additional structures: Extra Building/Shed
- Parcel number: 0132180230660
- Zoning: 6107
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Concrete
Condition
- Completely Renovated,Updated/Remodeled
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: Morningside Amd
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $685/sqft
- Tax assessed value: $854,647
- Annual tax amount: $17,000
- Date on market: 4/20/2026
- Listing terms: All Cash,Conventional
- Total actual rent: 95040
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $1,549,000+29.1%$685/sqft |
Source: | ||
| 6/27/2022 | Sold | $1,200,000-20%$531/sqft |
Source: | ||
| 6/1/2022 | Contingent | $1,500,000$663/sqft |
Source: | ||
| 6/1/2022 | Price change | $1,500,000-14.3%$663/sqft |
Source: | ||
| 4/29/2022 | Price change | $1,750,000-10.7%$774/sqft |
Source: | ||
| 4/6/2022 | Listed for sale | $1,960,000+145%$866/sqft |
Source: | ||
| 3/2/2017 | Sold | $800,000+33.3%$354/sqft |
Source: Public Record Report a problem | ||
| 8/7/2015 | Sold | $600,000+80.5%$265/sqft |
Source: Public Record Report a problem | ||
| 12/16/2009 | Sold | $332,500-21.8%$147/sqft |
Source: Public Record Report a problem | ||
| 6/9/2006 | Sold | $425,000+57.4%$188/sqft |
Source: Public Record Report a problem | ||
| 6/9/2004 | Sold | $270,000+25.6%$119/sqft |
Source: Public Record Report a problem | ||
| 8/4/2003 | Sold | $215,000+115%$95/sqft |
Source: Public Record Report a problem | ||
| 4/17/2002 | Sold | $100,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,083 -0.2% | $854,647 |
| 2024 | $17,121 -1.6% | $854,647 +1% |
| 2023 | $17,396 +19.8% | $846,249 +20.1% |
| 2022 | $14,524 -1.1% | $704,540 +1.9% |
| 2021 | $14,685 -0.5% | $691,164 -0.3% |
| 2020 | $14,763 +5.8% | $693,180 +6% |
| 2019 | $13,956 +1.6% | $653,790 -0.3% |
| 2018 | $13,734 | $655,714 +19.3% |
| 2017 | $13,734 +18% | $549,638 +0.7% |
| 2016 | $11,644 +184.6% | $545,882 +337.3% |
| 2015 | $4,091 +31% | $124,823 +10% |
| 2014 | $3,122 +13.1% | $113,476 +10% |
| 2013 | $2,759 | $103,160 -15.5% |
| 2012 | $2,759 -47.1% | $122,116 -46.8% |
| 2011 | $5,217 -6.6% | $229,350 -0.6% |
| 2010 | $5,587 -34.3% | $230,793 -37.6% |
| 2009 | $8,507 -13.4% | $370,000 |
| 2007 | $9,822 +15.8% | $370,000 |
| 2006 | $8,484 | -- |
| 2005 | $8,484 +29.2% | -- |
| 2004 | $6,564 +54.8% | -- |
| 2003 | $4,239 +4.6% | -- |
| 2002 | $4,051 | -- |
| 2001 | $4,051 | -- |
Find assessor info on the county website
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