560 Ne 63rd St, Miami, FL 33138

$1,650,000
2,803
SqFt

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List Price
$1,650,000
MLS#
A12055054
Sq. Ft
2,803
Subtype
Quadruplex
County
Miami-Dade
Community
North Gate
Subdivision
North Gate
Year Built
1969

Property 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.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
4
Construction
Concrete Block Construction
Cooling
Central Air
Flooring
Vinyl
Heating
Central
Lot Description
Less Than 1/4 Acre Lot
Roof
Shingle
Taxes
$12,359
Total Floors
2
Stories
2
Roofing
Shingle
Price Per Sqft
$588

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Calculator source: Real Geeks

Listing Courtesy Of Brickell Brokers LLC, Contact: