Basic Information

  • MLS # A11952956
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex North Gate
  • Year Built 1969
  • Total Sqft 2,803
  • Date Listed 01/26/2026
  • Days on Market 1
Description

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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 2,803Sq.Ft
  • Sqft 2,803Sq.Ft

Property Features

  • Aprox. Lot Size 2,803
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info North Gate
  • Tax Amount $12,359
  • Tax Year 2025

560 NE 63rd St

Miami, FL 33138

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