Miami, FL 33138 515 NE 63rd St
$1,350,000
36 more
Presented By: This listing is courtesy of Brokers, LLC;
SQFT • 2,809
Home Details
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
Presented By: This listing is courtesy of Brokers, LLC;
Interior Features for 515 NE 63rd St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NYes
General for 515 NE 63rd St
Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionNORTH 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
LevelsTwo
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area31
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Pool FeaturesNone
PossessionClosingAndFunding
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesWater
RoofFlat
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameMIMO
Tax Annual Amount18500.0
Tax Year2024
UtilitiesCableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1937
Year Built DetailsResale
Zoning Description3900
Exterior for 515 NE 63rd St
Building Area Total2809.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Additional Details
Price History
Charlene Lindsay
Realtor®
