481 NE 61st St, Miami FL 33137, Miami
$625,000
Miami, FL, 33137
Property details
- Living area
- 4,575 sqft
- Year built
- 2026
- Type
- Duplex
- Days on market
- 113
- MLS #
- A11960586
Listing courtesy of Keller Williams Capital Realty · 305-662-7325. Listing agent: Ricky Kallabat. MLS data last updated 2026-06-02.
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.
481 NE 61st St, Miami FL 33137, Miami — for sale, listed for $625,000 (4,575 sqft).
$137/sqft · 0% percentile · based on 504 listings for sale in miami (median $414/sqft).
How is this priced?
At $137 per square foot, this listing sits at the 0% percentile of the 504 comparable listings for sale in miami on the market right now.
The current median for that group is $414/sqft, so this asking price is below the middle of its market.
n=504 · 2026-07-28 · Methodology
Run the numbers
Current market segment
Right now: 2,430 active listings for sale in miami, median asking price $661,500, median $414/sqft.
n=2,430 · 2026-07-28 · Methodology
Above or below the market?
The median asking price across 2,426 listings for sale in Miami is $661,500 — this home asks $625,000, 5.5% below it.
n=2,426 · 2026-07-28 · Methodology
Time on market
This listing has been on the market 113 days; the median across 2,430 listings for sale in miami is 83 days.
n=2,430 · 2026-07-28 · Methodology
Observed price & status history
Asking price reduced from $699,000 to $625,000.
Local market report
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-28 · Methodology
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