1864 NW 28th St, Miami FL 33142

For Sale · Active Listing

$1,399,999

6.67%

Est. Payment $7,451/mo

MLS Sheet Video

1976

Year Built

Stories

211

Days on Market

Description

Reduced for quick sale ......Turnkey 5-unit multifamily in Allapattah area. Property sits on a gated 9,975 SF lot with on-site parking and upgraded interiors. (3) 1BD + (2) 2BD units. Recent renovations include new kitchens, new bathrooms, impact windows, and updated interiors. Features separate electric meters, low operating expenses, and on-site laundry. Strong Section 8 rental potential and upside in rents. Zoning (T4-R) allows for value-add or redevelopment potential. Ideal for buy-and-hold investors, 1031 exchange buyers, or cash-flow seeking operators seeking a Miami multifamily asset. Located minutes to Wynwood, Midtown, Health District, and major highways. Great income-producing opportunity with long-term appreciation in Miami’s urban core.

Facts

MLS#: A11897683
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Year Built: 1976
Lot Size: 10,019 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 1
Garage: —
Pool: —
Days on Market: 211 days
Listed: Nov 3, 2025
Last Updated: Apr 20, 2026
Price/Lot Sq.Ft.: $140/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).

4/15/2026	Price change	$1,399,999-6.7%
11/3/2025	Listed for sale	$1,499,999

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.

Gordon School of Beth David
PK,KG,1,2,3,4,5 · private · 0.7 mi
The Gordon School of Beth David Congregation
PK,TK,KG,1,2,3,4,5 · private · 0.7 mi
Mater Virtual Academy Charter Middle/High School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · charter · 0.7 mi
International Studies Virtual
6,7,8,9,10,11,12 · charter · 0.7 mi
Colegiate Preparatory Academy
6,7,8,9,10,11,12 · charter · 0.7 mi
Mater Brickell Academy High
9,10,11,12 · charter · 0.7 mi
Mater Brickell Academy Middle
6,7,8 · charter · 0.7 mi
La Prima Casa Montessori School
PK,1,2,3 · private · 0.7 mi
La Prima Casa Montessori
PK,KG · private · 0.7 mi
Kingsbury Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi

Estimated Monthly Payment

$8,768/mo

Principal & Interest

$7,451

Property Tax

$1,167

Insurance

$150

HOA

Down Payment20% ($280,000)

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

Hablo Español

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