560 NE 63rd Street, Miami, FL 33138

New Listing

$1,650,000

Virtual Tour

https://media.jsrking.com/sites/knvowwz/unbranded

Property Type: Residential Income Square Footage: 2,803 Status: Active

Current Price: $1,650,000 List Date: 7/16/2026 Last Modified: 7/16/2026

Overview

Description

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 th ... (Read more)

Listing Details MLS# A12055054

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 2803
Living Area Main: 2803
Adjusted Area Main: 2803
Year Built: 1969
Parking Total: 5
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Copy Of Lease(s); Financial Statement; Investment Analysis Flooring: Laminate; Vinyl Property Condition: Resale Structure Type: Multi Family Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; Cryptocurrency; FHA Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Cable Not Available Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Unit 1 Parking Features: Open Parking Unit 2 Parking Features: Open Parking Unit 3 Parking Features: Open Parking Unit 4 Parking Features: Open Parking

Contract Information

Comp Sale YN: No
Original List Price: 1650000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 560
Street Direction Prefix: NE
Street Name: 63rd
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33138
Postal Code +4: 6182
Postal Zip: 33138
Subdivision Name: NORTH GATE
Area: 2320
Elementary School: Morningside K-8 Academy (Miami-Dade)
Middle Or Junior School: Horace Mann
High School: Miami Edison
Parcel Number: 0132180240870
Subdivision Number: 24
Zoning: 3900
Flood Zone: X
Directions: FOLOW GPS

Financial Information

Tax Annual Amount: 12359
Tax Year: 2025
Tax Legal Description: NORTH GATE PB 8-88 LOT 8 BLK 10 LOT SIZE 6000 SQUARE FEET OR 17415-1490 1096 1 COC 25218-4870 12 2006 4
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-16T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-16

More Information

Income and Expenses

Gross Income: 9650

Unit 1 Details

Actual Rent: 2500
Baths Full: 2
Efficiency YN: No

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 2500
Baths Full: 2
Efficiency YN: No

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 2350
Baths Full: 2
Efficiency YN: No

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 2300
Baths Full: 2
Efficiency YN: No

Unit 4 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 588.65

Section Details

Parcel Number MLX: 0870

Originating Details

Originating System Key: 532446618
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Laminate: Yes
Vinyl: Yes

Property Condition

Resale: Yes

Documents Available

Copy Of Lease(s): Yes
Financial Statement: Yes
Investment Analysis: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Not Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Cryptocurrency: Yes
FHA: Yes

Roof

Shingle: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Tax Information

City/County: Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 3 Parking Features

Open Parking: Yes

Unit 4 Parking Features

Open Parking: Yes

Listing Office: Brickell Brokers LLC

Last Updated: July - 16 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

560 NE 63rd Street, Miami, FL 33138 (MLS# A12055054)