$1,650,000

For sale

560 NE 63rd St, Miami FL 33138

2,803 sq ftBuilt 1969MLS# A12055054

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About this property

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.

Property details

Property type
Multi-family
Year built
1969
Living area
2,803 sq ft
Price per sq ft
$589
Property taxes
$12,359/yr
Parking
5 spaces
Floors in building
3
Building / community
North Gate
Status
For sale
MLS #
A12055054

Listing courtesy of Brickell Brokers LLC.

Location

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