560 NE 63rd St

Miami, FL 33138

$1,650,000
Price
—
Beds
—
Baths
2,803 Sq. Ft.
$589 / Sq. Ft.
2,803
Sq. Ft.
$589
per Sq. Ft.
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Description

Fully renovated 4-unit multifamily in the highly desirable MiMo District / Upper East Side, delivering an attractive ~5.9% cap rate in one of Miami’s most rapidly appreciating submarkets. This turnkey asset features four spacious 2BR/2BA units (~700 SF each), all upgraded with modern kitchens, updated bathrooms, new flooring, and central A/C. Brand-new roof (2026) significantly reduces future capital expenditures, enhancing long-term returns and investor confidence. The property also includes on-site...Fully renovated 4-unit multifamily in the highly desirable MiMo District / Upper East Side, delivering an attractive ~5.9% cap rate in one of Miami’s most rapidly appreciating submarkets. This turnkey asset features four spacious 2BR/2BA units (~700 SF each), all upgraded with modern kitchens, updated bathrooms, new flooring, and central A/C. Brand-new roof (2026) significantly reduces future capital expenditures, enhancing long-term returns and investor confidence. The property also includes on-site laundry, assigned parking, and efficient layouts with strong tenant appeal. Individually metered water (submeters for each unit) allows utility costs to be passed through to tenants, reducing owner expenses and improving overall NOI. Positioned just steps from Biscayne Blvd and minutes to the Design District, Midtown, Wynwood, and Downtown Miami, this location drives consistent rental demand and supports premium rents. Ideal for investors seeking immediate cash flow + appreciation upside, with a stabilized asset in a high-growth corridor. Opportunities at this cap rate for renovated product in MiMo are increasingly rare. Easy to show. Contact listing agent for financials and rent roll.
  1. Listed by Magali Resnik • Brickell Brokers LLC
    P: (305)-438-7777 C: (786)-747-7877 magaliresnik@icloud.com

Property Details for 560 Northeast 63rd Street

Subdivision
NORTH GATE
Style
Fourplex
Waterfront
No
Area
32
Total Units
4
Num Stories
2
Sq Ft Total
2803
Sq Ft Liv Area
2803.0
LISTING UPDATED: 05/21/2026 04:01 PM

Property Details for 560 Northeast 63rd Street

StatusActive
MLS #A12010064
Days on Market24
Taxes$13,060 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1969
Lot Size-
CountyMiami-Dade County
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Location

Listing Courtesy of Brickell Brokers LLC
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Building Information for 560 Northeast 63rd Street

Stories-Residences4Year Built1969Building Size-Lot Size-

Payment Calculator

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$9,310 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,222

Property Taxes

$1,088

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 560 Northeast 63rd Street

Location Information
Location Information
  • Parcel Number Free Text: 01-32-18-024-0870
  • Parcel Number MLX: 0870
  • MLS Area: 32
  • Municipal Code: 1
  • Township Range: 32
  • Section: 18
  • Subdivision Number: 24
  • Subdivision Complex Bldg: NORTH GATE
  • Unit Count: 4
  • Zoning Information: 3900
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Detached
  • Lot Description: Less Than 1/4 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: No
  • Cable Available: No
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Lawn Care, Sewer, Trash Removal
Financial Information
Financial Information
  • Total Mortgage: $900,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2025
  • Tax Information: Tax Reflects City & County Tax
  • Information Available: Investment Analysis, Rent Rolls

Property History for 560 Northeast 63rd Street

DateEvent & SourcePriceAppreciation
Apr 29, 2026

Listed (Active)

MiamiRE #A12010064

$1,650,000—
Feb 28, 2026

Expired

MiamiRE #A11952956

—
Jan 26, 2026

Listed (Active)

MiamiRE #A11952956

$1,650,000—
DateEvent & SourcePrice
04/29/2026

Listed (Active)

MiamiRE #A12010064

$1,650,000
02/28/2026

Expired

MiamiRE #A11952956

—
01/26/2026

Listed (Active)

MiamiRE #A11952956

$1,650,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 560 Northeast 63rd Street

Taxable ValueLand$600,000Additions$144,600Total$744,600
Tax Record2025$12,612 ($1,051 / month)
Home Facts
Total Finished SqFt2,803 SqFtAbove Grade Finished SqFt2,803 SqFtStories2Lot Size6,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969Year Renovated1974Zoning3900:MULTI-FACountyMIAMI-DADEAPN01-3218-024-0870

Schools near 560 Northeast 63rd Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Air Base K-8 Center for International Education
Public - PK to 8
Morningside K-8 Academy
Public - PK to 8
Horace Mann Middle School
Public - 6 to 8
Robert Morgan Voc-Tech Institute
Public - 9 to 12
Rating
School
Distance
Air Base K-8 Center for International Education
PublicPK to 8

Morningside K-8 Academy
PublicPK to 8

Horace Mann Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 560 Northeast 63rd Street, Miami, FL 33138

560 Northeast 63rd Street is a multi-family home for sale in Miami, FL 33138. This property was listed for sale on April 29, 2026 by Brickell Brokers LLC, it's currently listed at $1,650,000. It has been on the market for a total of 24 days and was last sold on March 30, 2025. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Air Base K-8 Center for International Education, Morningside K-8 Academy and Horace Mann Middle School. 560 Northeast 63rd Street is a 0-bed, 0-bath, 2,803 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brickell Brokers LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.