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    Four-Unit Residential Income Property Title is generated by Realmo AI

    250 NW 63rd Ct, Miami, FL 33126

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    Claim this Listing
    For Sale
    $1,245,000

    MULTI_FAMILY - Miami, FL

    Property size:
    3,338 SF
    Price / SF:
    $372/SF
    Added:
    Jun 29, 2026
    Days on Market:
    10
    Last Refresh:
    Jul 8 at 7:06 am

    Property Features for 250 NW 63rd Ct

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Rooms
    Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 7, Bathroom 4, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 8
    Parking
    6
    Patio and Porch features
    Patio
    Exterior features
    Fence, Lighting, Patio
    Fencing
    Fenced
    Standard status
    Active
    APN
    01-40-01-021-1471
    Size
    3,338 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    1 54 40 WINONA PARK PB 14-64 LOT 5 BLK 14 LOT SIZE SITE VALUE OR 20853-1997 12/2002 4 COC 26190-0925 01 2008 5
    Tax Annual Amount
    13121

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating), Wall Furnace
    Cooling system
    Electric, Central Air, Ceiling Fan(s)

    Building Details

    Year built
    1959
    Floors in Building
    2
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Shingle

    We can help!

    Contact an agent
    Nelly David PA

    Listing agent Nelly David PA License #0690899

    Listing office BHHS EWM Realty 550 S Dixie Highway, MIAMI, FL

    Listing date Jun 29, 2026

    MLS# A11899571 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4‑unit multifamily property with three separate detached units and one additional single‑story unit
    • Unit mix: Unit 1 (3 bed, 2 bath, single‑story), Unit 2 (3 bed, 1 bath, two‑story), Unit 3 (1 bed, 1 bath plus den), Unit 4 (1 bed, 1 bath)
    • Block construction with shingle roof and tile flooring throughout
    • Electric heating and central air with ceiling fans
    • Fenced exterior with patio and exterior lighting
    • Connected to public sewer; cable available

    Overview

    This for-sale four-unit residential income property consists of four individual units with separate living spaces and ample on-site parking. Unit 1 is a single-story layout with three bedrooms and two bathrooms, designed with spacious living areas. Unit 2 features a detached, two-story design with three bedrooms and one bathroom. Unit 3 is a one-bedroom, one-bath unit that also includes a den. Unit 4 is a detached, single-story one-bedroom, one-bath home.

    Located at 250 NW 63rd Ct in Miami, the property is described as being near Miami International Airport (MIA), major expressways, and nearby shopping and restaurants. This positioning can support tenant convenience by keeping daily destinations accessible.

    The mix of unit types provides options for different tenant needs and ownership goals. Investors may find the structure useful for building a diversified rental base across different bedroom counts and layouts, while an owner-occupant could potentially select a unit that best fits their household while still maintaining rental income from the remaining units.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $102.1k $30.60
    − Vacancy −$6.5k −$1.95
    EGI $95.6k $28.65
    − OpEx −$28.7k −$8.60
    NOI $66.9k $20.06
    3,338 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $956.4K
    $836.8K – $1.12M (±1% cap)
    NOI $66,945 @ 7.0% cap · market cap 5.38%
    Second Best
    Apartment 5plus
    $880.9K
    $770.8K – $1.03M (±1% cap)
    NOI $61,664 @ 7.0% cap · market cap 4.95%
    Theoretical Best
    Specialty Retail
    $2.25M
    $1.97M – $2.63M (±1% cap)
    NOI $157,722 @ 7.0% cap · market cap 12.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Acupuncture Daycare Center Butcher (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.299598
    Latitude
    25.773388

    FAQs

    What type of property is this?
    Quadplex - Four separate units with on-site parking offer flexible rental or owner-occupant options in Miami.
    Where is this quadplex located?
    The property is located at 250 NW 63rd Ct Miami, FL.
    What is the asking price?
    The asking price for this property is $1,245,000.
    What are key features of this property?
    This property features: 4‑unit multifamily property with three separate detached units and one additional single‑story unit; Unit mix: Unit 1 (3 bed, 2 bath, single‑story), Unit 2 (3 bed, 1 bath, two‑story), Unit 3 (1 bed, 1 bath plus den), Unit 4 (1 bed, 1 bath); Block construction with shingle roof and tile flooring throughout
    More about this property
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