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$1,650,000 Just Listed
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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 $95,197 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.
Full Property Details
Full Property Details for 560 NE 63rd St
General
- Price: $1,650,000
- Taxes: $12,359 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12055054
- Updated: Today (7/16/2026)
- Added to Site: Today
Rental Information
- Rent Includes: Gardener, Trash Collection
Interior
- Flooring: Vinyl
Parking
- Total Spaces: 5
Location
- Area: North Gate
- County: Miami-Dade County
- Subdivision: NORTH GATE
- Building Name: NORTH GATE
- Driving Directions: FOLOW GPS
Community
- Community Name: North Gate
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 2803
- Square Feet: 2,803
- Living Area: 2,803 Sq. Ft.
- Year Built: 1969
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $588.66
- Tax Amount: $12,359
- Tax Year: 2025
- Terms: All Cash, Conventional, Cryptocurrency, FHA
Disclosures and Reports
- Documents Avail.: Financial Statement, Investment Analysis, Copy Of Lease(S)
- Legal Description: NORTH GATE PB 8-88 LOT 8 BLK 10 LOT SIZE 6000 SQUARE FEET OR 17415-1490 1096 1 COC 25218-4870 12 2006 4
- Property ID: 01-32-18-024-0870
Listed by Brickell Brokers LLC
Get Pre-Approved Today
Schools
Schools serving 560 NE 63rd St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Morningside K-8 Academy 6620 Northeast 5th Avenue, Miami, FL 33138 | PK-5 | 0.3 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 1.9 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 560 NE 63rd St
Date
Details
Price
Change
Source
7/16/2026
Listed
$1,650,000
37.5%
MLS
3/30/2025
Sold
$1,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 560 NE 63rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,612
—
$574,541
-32%
2024
$12,601
5%
$845,995
5%
2023
$11,985
34%
$806,868
92%
2021
$8,945
-20%
$421,004
-46%
2022
$11,191
24%
$779,583
84%
2020
$9,022
-6%
$423,623
-6%
2019
$9,598
35%
$449,609
57%
2018
$7,111
3%
$286,154
-37%
2017
$6,871
9%
$454,619
92%
2016
$6,287
21%
$236,491
10%
2015
$5,200
17%
$214,992
10%
2014
$4,432
9%
$195,448
9%
2013
$4,065
—
$179,438
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 560 NE 63rd St
560 NE 63rd St, Miami, FL 33138 (MLS# A12055054) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 560 NE 63rd St is currently listed for $1,650,000 and was received on July 16, 2026. Want to learn more about 560 NE 63rd St? Do you have questions about finding other Multi-Family real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

