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560 NE 63rd St

Miami, FL

Listing Details

  • $1,650,000
  • MLS# A12055054
  • Type Multi Unit - Multiple
  • Status Active
  • 2,803
    Square Feet
  • 1969
    Year Built

Description

Completely repositioned turnkey multifamily investment in the heart of Miamis 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... Read more 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 Miamis vibrant MiMo District, just minutes from the Design District, Midtown, Wynwood, Downtown Miami, and Miami Beach.

Key Features

No amenity information available.

View All Features
560 NE 63rd St
Miami, FL 33138
Subdivision
NORTH GATE
County
Miami-Dade

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Cooling: Central Air
  • Crops Included Y/N: No
  • Days on Site: 10
  • Directions: FOLOW GPS
  • Exterior: Concrete Block Construction
  • Flooring: Vinyl
  • Heating: Central
  • Home Style: Detached
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional, Cryptocurrency, FHA
  • Lot Description: Less Than 1/4 Acre Lot
  • Parcel#: 01-32-18-024-0870
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $12,359
  • Units: 4
  • Year Built: 1969