IMMACULATE, TASTEFUL & COMPLETELY REMODELED fourplex in the heart of the MIMO district. ALj units have washer/dryers and central A/C. 4 separate meters and zoned/use as a multifamily. Great annual income and even more if done with short term rentals. Brand new roofs in 2021 and 2022 on each building. Front building have impact windows. 48 hour notice,POF must be provided for showings. Beautiful central courtyard for tenants enjoyment. Each unit comes with one parking space.
Gross income at current leases $101,000.00 (2 bedrooms Apts are rented way under market value that is aprox between $2,800 t $3,200 per unit) Text me for financial Worksheet.
UNITS BREAKDOWN:
See attachment for CAP rate report.
Two apartments 2/2
One apartment 2/1
One apartment 1/1
Gross income at current leases $101,000.00 (2 bedrooms Apts are rented way under market value that is aprox between $2,800 t $3,200 per unit) Text me for financial Worksheet.
UNITS BREAKDOWN:
See attachment for CAP rate report.
Two apartments 2/2
One apartment 2/1
One apartment 1/1
Property Details
Price:
$1,350,000
MLS #:
A11773813
Status:
Active
Beds:
0
Baths:
0
Address:
515 NE 63rd St
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
MIMO
Neighborhood:
Mimo
City:
Miami
Listed Date:
Mar 31, 2025
State:
FL
Finished Sq Ft:
2,809
Total Sq Ft:
2,809
ZIP:
33138
Year Built:
1937
Units:
4
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Schools
Interior
Cooling
Central Air
Flooring
Tile
Heating
Central
Exterior
Architectural Style
Other
Construction Materials
C B S Construction
Parking Spots
4
Roof
Flat Roof With Facade Front
Financial
Tax Year
2024
Taxes
$18,500
Map
Community
- Address515 NE 63rd St Miami FL
- SubdivisionMIMO
- CityMiami
- CountyMiami-Dade County
- Zip Code33138
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515 NE 63rd St
Miami, FL
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