m
Seller's Agent in 2026
magali resnik
Brickell Brokers LLC
(786) 747-7877
11 Total Sales
560 NE 63rd St Miami, FL 33138
Upper East Side North Neighborhood
2
Beds
2
Baths
850
Sq Ft
6,000
Sq Ft Lot Lot
Highlights
- No HOA
- Central Heating and Cooling System
- 5-minute walk to Legion Memorial Park
- Morningside K-8 Academy Rated 9+
- Southeast Facing Home
About This Home
As of July 2017Fully 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.
Last Agent to Rent the Property
Eastside R.E. Investments LLC License #0680430 Listed on: 06/15/2017
Home Details
Home Type
- Single Family
Year Built
- Built in 1969
Lot Details
- 6,000 Sq Ft Lot
- Southeast Facing Home
- Property is zoned 3900
Parking
- 1 Car Parking Space
Home Design
- 850 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Additional Features
- Electric Range
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- North Gate Subdivision
Listing and Financial Details
- Property Available on 6/1/17
- 1 Year With Renewal Option Lease Term
- Assessor Parcel Number 01-32-18-024-0870
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2026 04/29/26 | For Sale | $1,650,000 | 0.0% | $589 / Sq Ft |
| 07/29/2017 07/29/17 | Rented | $1,500 | -9.1% | -- |
| 06/01/2017 06/01/17 | For Rent | $1,650 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,601 | $574,541 | -- | -- |
| 2024 | $11,985 | $522,310 | -- | -- |
| 2023 | $11,985 | $474,828 | $0 | $0 |
| 2022 | $11,191 | $431,662 | $0 | $0 |
| 2021 | $8,945 | $421,004 | $270,000 | $151,004 |
| 2020 | $9,022 | $423,623 | $270,000 | $153,623 |
| 2019 | $9,598 | $449,609 | $300,000 | $149,609 |
| 2018 | $7,111 | $452,114 | $300,000 | $152,114 |
| 2017 | $6,871 | $260,140 | $0 | $0 |
| 2016 | $6,287 | $236,491 | $0 | $0 |
| 2015 | $5,200 | $214,992 | $0 | $0 |
| 2014 | $4,432 | $195,448 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
magali resnik
-
Ernesto Seda
Landlord's Agent in 2017
Ernesto Seda
Eastside R.E. Investments LLC
(305) 384-8563
4 Total Sales
-
stephan Lind-Orjala
Tenant's Agent in 2017
stephan Lind-Orjala
Viste Properties, LLC.
(305) 979-3121
6 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10295093
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 541 NE 62nd St Unit 13
- 577 NE 62nd St Unit 2
- 527 NE 61st St
- 503 NE 61st St
- 473 NE 61st St
- 6322 NE 5th Ave
- 462 NE 64th St
- 481 NE 61st St
- 420 NE 62nd St
- 645 NE 62nd St
- 652 NE 63rd St Unit 403
- 650 NE 64th St Unit G510
- 650 NE 64th St Unit G503
- 650 NE 64th St Unit GPH4
- 661 NE 61st St
- 680 NE 64th St Unit APH6
- 680 NE 64th St Unit A110
- 680 NE 64th St Unit A506
- 680 NE 64th St Unit A300
- 651 NE 60th St Unit 22
- 541 NE 62nd St Unit 4
- 551 551 Ne 62 St # 15 Unit 15
- 541 NE 62nd St Unit 6
- 541 NE 62nd St Unit 7
- 541 NE 62nd St Unit 8
- 541 NE 62nd St Unit 14
- 541 NE 62nd St Unit 5
- 541 NE 62nd St
- 541 NE 62nd St Unit 10
- 541 NE 62nd St Unit 11
- 541 NE 62nd St Unit 1
- 541 NE 62nd St Unit 3
- 541 NE 62nd St Unit 12
- 541 NE 62nd St Unit 4
- 541 NE 62nd St Unit 9
- 541 NE 62nd St Unit 2
- 551 NE 62nd St Unit 3
- 551 NE 62nd St Unit 1
- 551 NE 62nd St Unit 2
- 551 NE 62nd St Unit 13
Your Personal Tour Guide
Ask me questions while you tour the home.