South Florida Real Estate

Fourplex

560 NE 63rd St

Miami , FL 33138

MLS#: A11952956

$1,650,000

Status: Active
Listing number: A11952956
Listing provided by: Brickell Brokers LLC
Listing agent phone: None
Last update: 6 days ago
On site: 6 days ago
Browse Properties
NORTH GATE - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1969

Sq.Footage

2,803

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 & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Block

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Fourplex

Price

  • Sales Price

    $1,650,000

  • Tax Amount

    12359.0

  • Zoning

    3900

  • Sq. Footage

    2, 803

  • Price/SqFt

    $588

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

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Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Magali Resnik , Brickell Brokers LLC

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Agent Jarrod Gaylis

Realtor

Jarrod Gaylis

Call Jarrod today to schedule a private showing.

(817) 682-7464

jgaylis@perfectpropertiesfl.com


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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.

560 NE 63rd St

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