Property Description

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.

Features
Swimming Pool
Heating System
Cooling System
Parking
Architectural Style
Roof:
Shingle
Sewer
Address Map
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''
MLS Addon
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

2,803 Sqft
$1,650,000
MLS # #A11952956
Basic Details
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
Agent info
Contact Agent