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560 NE 63rd St, Miami FL 33138

Multi-family For Sale
$1,650,000

BTC: 26.10759494

ETH: 867.21607871

New
0 room(s)
2,803 sqft

Overview

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.

Location

Florida • Miami • 33138 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1969
Lot:
No Data
Heating:
Central
Price/sqft:
$589
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$825,000
$500K – $1.4M
Confidence Low
List vs. estimate
$825K above estimate
List $1,650,000 · +100.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$588
+36.8% vs. city median $430
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.2M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,359
2025
Parking
5 spaces
All facts and features

  • Flooring

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-32-18-024-0870

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $12,359

  • Source details

    • MLS ID: A12055054

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 2803

    • Subdivision Name: NORTH GATE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33138
318
median $998K
Active
Same city
Miami
12,444
median $635K
Active
Same type
Multi-family
515
median $975K
Active
Similar price
$1.2M – $2.1M
1,511
median $1.5M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Brickell Brokers LLC