560 NE 63rd St Miami, FL 33138
Upper East Side North NeighborhoodEstimated payment $9,943/month
Highlights
- No HOA
- Central Heating and Cooling System
- 5-minute walk to Legion Memorial Park
- Morningside K-8 Academy Rated 9+
- Vinyl Flooring
About This Home
Completely repositioned turnkey multifamily investment in the heart of Miami's highly desirable MiMo District. This fully renovated four-unit property features spacious 2-bedroom, 2-bathroom residences with brand-new central A/C systems, a new roof, impact windows throughout, new interior and exterior doors, designer kitchens with quartz countertops, stainless steel appliances, luxury vinyl flooring, beautifully renovated bathrooms, LED recessed lighting, modern fixtures, and oversized closets. Each unit includes one assigned parking space, individual water submeters, and separately metered electric service, significantly reducing operating expenses. Extensive capital improvements have already been completed, providing investors with a truly low-maintenance, worry-free asset. Producing approximately $95,197 in annual NOI, this turnkey investment offers immediate cash flow and strong long-term appreciation potential. Ideally located in Miami's vibrant MiMo District, just minutes from the Design District, Midtown, Wynwood, Downtown Miami, and Miami Beach.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,359
Year Built
- Built in 1969
Home Design
- Shingle Roof
Interior Spaces
- 2,803 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Parking
- 5 Parking Spaces
- Open Parking
Additional Features
- Property is zoned 3900
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- North Gate Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-32-18-024-0870
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $12,612 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2026 07/16/26 | 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 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,200,000 | None Listed On Document | |
| Warranty Deed | $1,163,200 | None Listed On Document | |
| Warranty Deed | $582,000 | Attorney | |
| Quit Claim Deed | $135,000 | Attorney | |
| Trustee Deed | $121,600 | None Available | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $450,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $260,000 | -- | |
| Deed | $67,500 | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | New Conventional | |
| Previous Owner | $2,130,000 | Construction | |
| Previous Owner | $360,000 | Unknown | |
| Previous Owner | $247,000 | Commercial |
Source: MIAMI REALTORS® MLS
MLS Number: A12055054
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.
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