560 NE 63rd St Miami, FL $ 1,650,000
560 NE 63rd St
$ 1,650,000
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560 NE 63rd St

Miami, FL, 33138
$ 1,650,000
Bedrooms2 Baths2.0 Sq 2,803

Monthly Estimate*

$ 10,159

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Multi-Family Home for sale in Miami, FL

for $1,650,000 with 2 bedrooms and 2 full baths. This 2,803 square foot home was built in 1969.

Fully renovated fourplex located in the heart of the highly desirable MiMo District, offering an exceptional turnkey investment opportunity. The property features four spacious units, each thoughtfully designed with 2 bedrooms and 2 bathrooms, including a private en-suite bathroom. Each unit showcases high-quality interior finishes throughout, custom-designed closet interiors, and elegant en-suite closets. The kitchens have been fully renovated with modern cabinetry and premium chrome appliances, delivering a clean, contemporary aesthetic. The building has also undergone a complete exterior renovation and is delivered in true turnkey condition. Additional improvements include a brand-new roof (2025) and a recently completed full renovation, minimizing future capital expenditures. The property is currently partially occupied, with Unit 2 rented at $2,500 per month, while the remaining units offer strong rental upside based on current market rents. Projected pro forma rents across all four units support a potential NOI of approximately $84,000, making this an outstanding opportunity for investors seeking stable income with value-add potential in a high-demand rental market. Ideally located near Biscayne Boulevard, top dining, retail, and major roadways, this fourplex offers both long-term stability and attractive growth potential in one of Miami’s most sought-after neighborhoods.

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Multi-Family Active

Price

$ 1,650,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 12,359

Style

Year Built

1969

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11952956

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Ceiling Fan(s)
Utilities Cable Not Available
Possession Close Of Escrow
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Brick Block
Year Built 1969
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name NORTH GATE
Rent Includes Gardener
Full Baths 2
Status Active
City Miami
Zoning Description 3900
Number Of Units Total 1
MLS Area 32
Lot Size Units Square Feet
Listing Terms Cash Conventional Cryptocurrency VA Loan
Year Built Details Effective Year Built
Tax Annual Amount 12359
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11952956
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
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
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Interior
Flooring Laminate
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 4
Building Area Total 2803
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Brickell Brokers Llc

Broker

magaliresnik@icloud.com

Email

Affordability Calculator

$11,189
Per Month
91%
9%
0%
Monthly Principal & Interest
$10,159
Monthly Property Taxes
$1,030
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
1/26/2026 $1,650,000 Listed Price

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560 NE 63rd St, Miami, FL, 33138 is a Multi-Family Home for sale at $1,650,000 with 2,803 sqft. 560 NE 63rd St has 2 bedrooms, 2.0 baths, and was built in 1969. The property's zip code is 33138 which is in Miami, FL