560 NE 63rd StMiami, FL 33138

Description

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 Information

Property type

Residential Income

Sub-type

Quadruplex

Style

Fourplex

Year built

1969

Living area

2,803 Sq Ft

Parking spaces

5

Days on market

114

MLS^® Listing#

A12055054

Property Features

Cooling

Central Air

Heating

Central

Flooring

Laminate · Vinyl

Pool

None

Construction

Block

Roof

Shingle

Utilities

Cable Not Available

Sewer

Public Sewer

Financial Details

Annual taxes

$12,359Tax year 2025

Parcel number

01-32-18-024-0870

Directions

FOLOW GPS