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560 NE 63rd StMiami, FL 33138

For Sale

$1,650,000

Smart Buyer Rebate $16,500

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.

Listed by Magali Resnik

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License #3484035

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Brickell Brokers LLC

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786-747-7877

Last updated January 26, 2026

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Source: MIAMIRE #A11952956

Listing Facts

  • TypeMulti-family
  • NeighborhoodPalm Grove
  • Days on Prevu4
  • Taxes$12,359/year
  • Size2,803 sqft
  • Price per sqft$589

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

01/26/2026
Listed by Brickell Brokers LLC
$1,650,000

Property Details for 560 NE 63rd St

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Quadruplex, Fourplex
  • Year Built: 1969
  • Year Built Details: Effective Year Built
  • Architectural Style: Detached
  • Building Name: NORTH GATE
  • Construction Materials: Concrete Block With Brick

Measurements

  • Building Area Total: 2,803
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-32-18-024-0870
  • Tax Annual Amount: $12,359.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 2,803
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: NORTH GATE

Parking

Parking

  • Parking Total: 4

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 560 NE 63rd St.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 560 NE 63rd St.

What are the annual taxes for 560 NE 63rd St?

Annual taxes for this multi-family home are estimated at $12,359.

How does 560 NE 63rd St compare to other multi-family homes in Palm Grove?

This multi-family home is listed 39% above the average price for multi-family homes in Palm Grove and has been on the market for 196 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the NORTH GATE building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,803 sqft.

560 NE 63rd St is a -bedroom multi-family home for sale in Miami FL 33138. Listed on Prevu for 4 days at $1,650,000. This home features 2,803 square feet of living space, located in Palm Grove. The median listing price for multi-family homes in this area is $287,500. Additional amenities include pets allowed, air conditioning, and parking. Browse more multi-family home listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.