560 NE 63rd St, Miami, FL 33138
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: magali resnik
Office: brickell brokers llc.
MLS#:A11952956
Source:SEFMLS
Price summary
- Price:$1,650,000
- Price per sq. ft.:$588.66
About this home
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.
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Home facts
- Year built:1969
- Listing ID #:A11952956
- Updated:February 14, 2026 at 10:58 AM
Rooms and interior
- Living area:2,803 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1969
- Building area:2,803 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,650,000
- Price per sq. ft.:$588.66
- Tax amount:$12,359 (2025)
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