North Gate Fourplex For Sale
560 Ne 63rd St, Miami, FL 33138

$1,650,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11952956
  • Virtual Tour: YES
  • List Price: $1,650,000
  • Living Area: 2803 Ft² / 260 M²
  • Price Per Foot/Meter: $589 / $6,336
  • Taxes:$12,359
  • Year Built:1969
  • Listing Date:January 26, 2026
  • Days On Market:6

Description


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.

Features


  • Floor:Laminate
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker