ALLAPATTAH HOMESITES

1864 NW 28th St, Miami FL 33142

Closed

$1,350,000

Est. Payment $7,185/mo

MLS Sheet Video

Days on Market

Description

PERFECT FOR INVESTORS!!! Multifamily of five units! Located in the vibrant Allapattah neighborhood of Miami. The location is excellent, only minutes from attractions such as the Bubble Museum, Wynwood, Midtown, and the Design District. The building features two units with 2 bedrooms and 1 bathroom each and three units with 1 bedroom and 1 bathroom each. The property underwent complete renovations, including new kitchen appliances, bathrooms, wood floorings, Impact windows, and a new roof, and has also passed the 40-year inspection. Additionally, there are 7 parking spaces available. Conveniently located within 10 minutes of the airport and 15 minutes of South Beach. And has a CAP rate of 8%.

Facts

MLS#: A11420872
Subdivision: ALLAPATTAH HOMESITES
Property Type: Commercial Land
Property Sub Type: Income/MultiFamily
Year Built: —
Lot Size: 10,890 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 45 days
Listed: Jul 18, 2023
Last Updated: Oct 17, 2023
Price/Lot Sq.Ft.: $124/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

10/17/2023	Sold	$1,350,000
7/18/2023	Listed for sale	$1,350,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1864 NW 28th St, Miami FL 33142Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Sterling Academy
6,7,8,9,10,11,12 · private · 0.9 mi
CHRISTI/STEPSS Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.4 mi
Christi Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.5 mi
All Saints Catholic School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.5 mi
Sandpiper Elementary School
PK,KG,1,2,3,4,5 · public · 1.6 mi
Sawgrass Elementary School
PK,KG,1,2,3,4,5 · public · 2.1 mi
Nob Hill Elementary School
PK,KG,1,2,3,4,5 · public · 2.1 mi
Welleby Elementary School
PK,KG,1,2,3,4,5 · public · 2.2 mi
Franklin Academy Sunrise
KG,1,2,3,4,5,6,7,8 · charter · 2.3 mi
Community Christian Academy of Broward
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 2.3 mi

Estimated Monthly Payment

$8,460/mo

Principal & Interest

$7,185

Property Tax

$1,125

Insurance

$150

HOA

Down Payment20% ($270,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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