560 NE 63rd St, Miami FL 33138, MIAMI, FL, 33138
Active27 days on marketListed Jul 16, 2026MLS #A12055054
About this home
560 NE 63rd St, Miami FL 33138
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.
Facts & features
The home at a glance
2,803
Sqft
1969
Year built
$589
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$10,712 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$10,712/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami actives
$589 vs $511
Days on market
27 vs 66 typical
Where $589/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Upper Eastside
Get to know Miami. See the full Miami guide →
Upper Eastside — neighborhood snapshot
Population
14,642
Median age
43
Median income
$80,911
Median home value
$854,030
Avg household
2
Households w/ children
1,433
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 400% above the MIAMI 33138 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 560 NE 63rd St
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$3,325,000
4250 Bay Point Rd, Miami FL 33137
4 bd · 5 ba · 2,618 sqft · $1,270/sqft · 212 DOM
Sold · Oct ’25$2,900,000
58 NE 44th St, Miami FL 33137
4 bd · 3.5 ba · 3,117 sqft · $930/sqft · 43 DOM
Sold · Sep ’25$650,000
44 NW 46th St, Miami FL 33127
3 bd · 2 ba · 3,325 sqft · $195/sqft · 146 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Lacie Springstead
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 560 NE 63rd St — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 560 NE 63rd St — before you fall in love.
See it in person
Schedule a tour
Live availability from Lacie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
560 NE 63rd St FAQs
What would the monthly payment be for 560 NE 63rd St, Miami FL 33138?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $10,712/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 560 NE 63rd St, Miami FL 33138?+
The most recent tax bill on record (2025) was $12,359. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $1,650,000, this home is listed about 170% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 560 NE 63rd St, Miami FL 33138?+
Morningside K-8 Academy (elementary), District Instructional Center (Dic) (), Horace Mann Middle School (middle), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of Brickell Brokers LLC · Magali Resnik. MLS #A12055054.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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