560 NE 63rd Street, Miami, FL 33138
Listing Snapshot
| List Price | $1,650,000 |
| Price / Sq Ft | $589 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 2,803 sqft |
| Year Built | 1969 |
| Property Tax | $12,359/yr |
| MLS # | 1177165584 |
| Status | Active |
About This Home
Completely repositioned turnkey multifamily investment in the heart of Miami's highly desirable MiMo District. This fully renovated four-unit property features spacious 2-bedroom, 2-bathroom residences with brand-new central A/C systems, a new roof, impact windows throughout, new interior and exterior doors, designer kitchens with quartz countertops, stainless steel appliances, luxury vinyl flooring, beautifully renovated bathrooms, LED recessed lighting, modern fixtures, and oversized closets. Each unit includes one assigned parking space, individual water submeters, and separately metered electric service, significantly reducing operating expenses. Extensive capital improvements have already been completed, providing investors with a truly low-maintenance, worry-free asset. Producing approximately $95,197 in annual NOI, this turnkey investment offers immediate cash flow and strong long-term appreciation potential. Ideally located in Miami's vibrant MiMo District, just minutes from the Design District, Midtown, Wynwood, Downtown Miami, and Miami Beach.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Quadruplex
- Stories
- 2
- Parking Spaces
- 5
- Zoning
- 3900
- Utilities
- CableNotAvailable
- Subdivision
- NORTH GATE
Interior Features
- Flooring
- Laminate,Vinyl
- Heating
- Central,SeparateMeters
- Cooling
- CentralAir
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 2320
Schools
Map
Virtual Tour
View Virtual TourMLS# 1177165584 · BEACH
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Estimate Your Payment
20% down · Loan: $1,320,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.