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.
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Architectural Style
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33138
- Street:
- 560 Ne 63rd St, Miami, Florida 33138
- Longitude:
- W81° 48' 53.9''
- Latitude:
- N25° 50' 2.1''
- Building Area:
- 2,803 Sqft
- Construction Materials:
- Block, Brick
- Cumulative DOM:
- 43
- Flooring:
- Laminate
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash,Conventional,Cryptocurrency,VA Loan
- Lot Features
- Parcel Number:
- 01-32-18-024-0870
- Subdivision Name:
- NORTH GATE
- Tax Annual Amount:
- $12,359
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
560 Ne 63rd St, Miami, Florida 33138, Miami, Florida 33138
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,650,000
- Square Footage :
- 2,803 Sqft
- Year Built :
- 1969
- MLS # :
- A11952956
- Property Sub Type :
- Quadruplex
