North Gate
$1,650,000
560 NE 63rd St, Miami Shores, FL 33138
2,803 sqft
Building Size
4
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Financial Statement, Investment Analysis, Copy Of Lease(S)
- Architectural Style: Detached
- Cooling: Central Air
- Heating: Central
- Flooring: Vinyl
- Construction Materials: Concrete Block Construction
Description:
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.
Location
Gallery
