Drea Mize - Logo
$1,650,000
 $8,858 est/mo Sourced by Back At You

560 NE 63rd St,Miami, FL 33138

Miami, FL 33138

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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.

Details

MLS #A12055054
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1969
Days On Site43
Listing Provided ByBrickell Brokers LLC | Magali Resnik

Features

SQ Feet2,803
Story(s)2
Zoning3900

Exterior

Lot FeaturesLess Than Quarter Acre

Taxes

Tax Annual Amount12359

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33138
Area32
Community NameNORTH GATE
Listing VS Median (in NORTH GATE)
Price:
$1,650,000
low | high
Med:
$400,650
100% of Average
sqft:
2,803
low | high
Med:
912
100% of Average
$ / sqft:
$589
low | high
Med:
$392
83.479846354167% of Average
On site:
43
low | high
Med:
69.5
61.870503597122% of Average
Sourced by Back At You

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Learn More About This Property

Drea Mize

Drea Mize

Premier Florida Realty

 (317) 850-9320dreatakesonswfl@gmail.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33138
Area32
Community NameNORTH GATE
Listing VS Median (in NORTH GATE)
Price:
$1,650,000
low | high
Med:
$400,650
100% of Average
sqft:
2,803
low | high
Med:
912
100% of Average
$ / sqft:
$589
low | high
Med:
$392
83.479846354167% of Average
On site:
43
low | high
Med:
69.5
61.870503597122% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.237M - $2.62M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
525 NE 61st St Property Photo 1
$999,000
525 Ne 61st St
Miami, FL 33137
525 NE 61st Street Property Photo 1
$999,000
525 Ne 61st Street
Miami, FL 33137
Listing Updated: August 26, 2026 at 2:49:30 PM PDT

Drea Mize -