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Fully Renovated 4-Unit Multifamily

560 NE 63rd St Miami, FL 33138

560 NE 63rd St, Miami, FL, 33138
$1,650,000
For Sale
$1,650,000

Four renovated 2BR/2BA units with central A/C, new 2026 roof, on-site laundry, and assigned parking.

Days on Market74

Property Features for 560 NE 63rd St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1969
Listing agency
Listed by Magali Resnik
Source Elliman
Added: May 10 Updated: Jul 22 at 10:33AM Checked: Jul 22 at 10:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Magali Resnik


Investment Insights

Based on property information with market context.

This fully renovated 4-unit multifamily property includes four spacious 2BR/2BA apartments, each upgraded with modern kitchens, updated bathrooms, new flooring, and central A/C. The building has a brand-new roof dated 2026 and is set up with on-site laundry and assigned parking for residents. Water service is individually metered for each unit through submeters, supporting tenant pass-through of utility costs and helping reduce owner utility expenses.

Located in the MiMo District/Upper East Side area of Miami, the property is described as steps from Biscayne Blvd and minutes to the Design District, Midtown, Wynwood, and Downtown Miami. The offering is presented as a turnkey investment with an indicated ~5.9% cap rate, and the listing notes easy showings and that financials and rent roll are available through the listing agent.

Key Highlights

  • Fully renovated 4‑unit multifamily built in 1969, with four 2BR/2BA units (~700 SF each).
  • Central A/C in all units plus modern upgrades including kitchens, updated bathrooms, and new flooring.
  • Brand‑new roof scheduled for 2026, reducing near‑term capital expenditures.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Butcher Locksmith Plumbing Service Restaurant (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Restaurant

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

FAQs

What type of property is this?
Quadplex - Four renovated 2BR/2BA units with central A/C, new 2026 roof, on-site laundry, and assigned parking.
Where is this quadplex located?
The property is located at 560 NE 63rd St Miami, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Fully renovated 4‑unit multifamily built in 1969, with four 2BR/2BA units (~700 SF each).; Central A/C in all units plus modern upgrades including kitchens, updated bathrooms, and new flooring.; Brand‑new roof scheduled for 2026, reducing near‑term capital expenditures.
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