MIAMI BEACH IMPROVEMENT C

241 28th St, Miami Beach FL 33140

3,701 ft²

Closed

$3,495,000

Est. Payment $18,602/mo

MLS Sheet Video

3,701

Sq. Ft.

1932

Year Built

2

Stories

22

Days on Market

Description

ONE OF A KIND multifamily building with 4 units located in the hottest Miami Beach area - the Faena District, only 1/2 block from the beach, and near all the best restaurants and hotels on Collins Ave. This fully renovated, 2 story building consisting of 4 separate, 2-Bed 1-Bath furnished units, each approximately 880-SF LA, with two washers and 2 dryers located in the back building. Property upgrades include hurricane impact windows, new plumbing, new electric, central A/C, Water Heaters laundry room, newer roof and room for a pool and on-site parking. 40-year certification passed! Primary zone is multifamily (3-9 units) but can convert to a single-family home on this prime, 7,684-SF lot! A TRUE GEM!

Facts

MLS#
A11765213
Subdivision
MIAMI BEACH IMPROVEMENT C
Property Type
Residential Income
Property Sub Type
Quadruplex
Year Built
1932
Lot Size
0 sqft
Sq. Ft.
3,701 ft²
Sq. Mt.
344 m²
Price per sq. ft.
$944/ft²
Price per sq. mt.
$10,160/m²
Stories
2
Garage
Pool
Days on Market
22 days
Listed
Mar 18, 2025
Last Updated
Sep 9, 2025
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

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

Sellers market

May 2026

100/100
Buyers marketSellers market

52

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).

9/9/2025Sold$3,495,000
3/18/2025Listed for sale$3,495,000

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

Location

241 28th St, Miami Beach FL 33140Directions

GreatSchools Summary Ratings

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

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$21,664/mo

Principal & Interest

$18,602

Property Tax

$2,913

Insurance

$150

HOA

$0

20% ($699,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

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