560 Ne 63rd Street, Miami, FL

$1,650,000

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2,803

Square feet

About 560 Ne 63rd Street

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 $93,396.84 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.

Features of 560 Ne 63rd Street

MLS® # A12055054
USD $1,650,000
CAD $2,276,472
CNY 元11,073,480
EUR €1,419,846
GBP £1,218,896
RUB ₽143,139,315
Square Footage 2,803
Year Built 1969
Type Residential
Sub-Type Quadruplex
Status Active
HOPA No Hopa

Community Information

Address 560 Ne 63rd Street
Area 2320
Subdivision NORTH GATE
City Miami
County Miami-Dade
State FL
Zip Code 33138

Amenities

Utilities Cable Not Available
Is Waterfront No
Has Pool No

Interior

Heating Central, Separate Meters
Cooling Central Air
# of Stories 2

Exterior

Roof Shingle
Construction Block

School Information

Elementary Morningside K-8 Academy (Miami-Dade)
Middle Horace Mann
High Miami Edison

Listing Details

Listing Map

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