515 NE 63rd St Miami, FL $ 1,350,000
515 NE 63rd St
$ 1,350,000
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515 NE 63rd St

Miami, FL, 33138
$ 1,350,000
Baths0.0 Sq 2,809

Monthly Estimate*

$ 8,973

515 NE 63rd St, Miami, FL 33138 - Image 1
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Studio

Multi-Family Home for sale in Miami, FL

for $1,350,000. This 2,809 square foot home was built in 1937.

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. 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

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 18,500

Style

Fourplex

Year Built

1937

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11773813

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableAvailable
Possession ClosingAndFunding
Roof Flat
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1937
Stories 2
Levels Two
Property Subtype Quadruplex
Tax Year 2024
County Miami-Dade
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name MIMO
Garage Y/N N
Rent Includes Water
Status Active
City Miami
Senior Community Y/N N
Zoning Description 3900
MLS Area 31
Lot Size Units SquareFeet
Carport Y/N N
Electric On Property Y/N N
Listing Terms Cash Conventional
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 18500.0
Showing Instructions Appointment Only Call Listing Agent
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11773813
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description NORTH GATE RESUB BLK 9 PB 9-157 LOTS 24 & E10FT OF LOT 25 BLK 9 LOT SIZE 7800 SQ FT FAU 01 3218 094 0001 FKA BISCAYNE PALMS CONDO
Interior
Flooring Laminate Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
Exterior
Lot Features LessThanQuarterAcre
Total Parking 4.0
Spa N
Building Area Total 2809.0
Private Pool N
WaterfrontY/N N
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Internal Only
Street Number 1 515
* Excluded Features
List By
Brokers, Llc

Broker

atabosky@gmail.com

Email

Affordability Calculator

$10,514
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,973
Monthly Property Taxes
$1,542
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/31/2025$1,350,000 Listed Price

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515 NE 63rd St, Miami, FL, 33138 is a Multi-Family Home for sale at $1,350,000 with 2,809 sqft. 515 NE 63rd St is a studio with 0.0 baths and was built in 1937. The property's zip code is 33138 which is in Miami, FL