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About This Property
CASA MiMo - LIVE IT. RENT IT. REDEVELOP IT. A rare opportunity to acquire an income-producing property with future development potential in one of Miami’s most dynamic and centrally located urban neighborhoods. Currently operating as a successful Airbnb, CASA MiMo offers an immediate opportunity for investors seeking short-term rental income while holding a strategically located piece of Miami real estate. The approximately 1,520 SF property sits on a 4,992 SF lot and offers 5 bedrooms and 2 bathrooms in its current configuration, creating exceptional flexibility for guests, owner-users and investors alike. The real upside is in the land. Zoned T4-R (General Urban – Restricted) under Miami 21, the property offers potential for future redevelopment, including a new single-family residence or two-family/duplex project, with T4 zoning generally allowing development up to 3 stories, subject to applicable City requirements and approvals. Ideally positioned near Miami’s Upper Eastside, MiMo District, Little River, Design District, Midtown and Wynwood, this is the type of property investors search for: income today, land value tomorrow, and multiple potential exit strategies. Continue operating the existing income-producing property, reposition it as a duplex, create a Miami residence, or explore redevelopment of the site. Opportunities combining location, existing income and redevelopment potential at this price point are increasingly difficult to find.
Property Features
County
Miami-Dade County
Section
18
Area
1520
Subdivision
LEMON CITY WHITES
Interior
First Floor Entry, Pantry, Other
Cooling
Central Air
Bedrooms
5
Floors
Vinyl
Full Baths
2
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Heating
Central
Style
Attached, One Story
Garage Spaces
0
Construction/Exterior
Frame With Stucco
Patio / Deck Description
Exterior
None
Has a Pool
1
Possession
Funding
Lot Size in Acres
Water
Municipal Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
4992
Has Waterfront
No
Parking Description
Additional Spaces Available, Driveway
View
Garden
Has Garage
No
Roof/Attic
Shingle
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Property SubType 2
Single Family Residence
Tax Year
2025
Year Built
1925
Tax Amount
$10275
APN
NA
Square Feet Source
NA
Map
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