GRAPELAND CENTER
1040 NW 28th Ave, Miami FL 33125
2 beds · 1 baths · 1,444 ft²
$475,000
Est. Payment $2,528/mo
2
Bedrooms
1
Bathrooms
1,444
Sq. Ft.
1953
Year Built
10
Days on Market
Description
Investor Special – Complete Rehab Opportunity! Located at 1040 NW 28 Avenue in Miami, this single-family residence offers tremendous potential for investors, contractors, or buyers ready to transform a property from the ground up. The home requires a full renovation, making it the perfect blank canvas for a modern redesign, fix-and-flip project, or long-term rental investment. The property sits on a generous lot with ample space for expansion, outdoor living, or landscaping upgrades. Importantly, it is situated in a primary zone for duplex use, opening the door to increased value through redevelopment or income-producing possibilities. Its central location provides easy access to major highways, Downtown Miami, Coral Gables, and Little Havana, while being close to schools, shopping, dining, and cultural attractions. With strong demand for updated homes and multi-family options in this area, the upside potential is significant. Whether you envision a stylish remodel to resell, a duplex for rental income, or a custom residence to hold, this property is a rare opportunity to create value in one of Miami’s most dynamic neighborhoods. Bring your contractor and imagination—this is your chance to turn a distressed property into a profitable asset in the thriving Miami market.
Facts
- MLS#
- A11929883
- Subdivision
- GRAPELAND CENTER
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 6,850 ft²
- Sq. Ft.
- 1,444 ft²
- Sq. Mt.
- 134 m²
- Price per sq. ft.
- $329/ft²
- Price per sq. mt.
- $3,545/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 10 days
- Listed
- Dec 12, 2025
- Last Updated
- Jan 21, 2026
- Price/Lot Sq.Ft.
- $69/ft²
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
36
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).
| 1/21/2026 | Sold | $475,000 |
| 12/12/2025 | Listed for sale | $475,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
South Olive Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.3 mi
Forest Hill High Adult EducationUG · public · 0.6 mi
Forest Hill Community High School9,10,11,12 · public · 0.6 mi
Palmetto Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.6 mi
Renaissance Charter School At SummitKG,1,2,3,4,5,6,7,8 · charter · 1.3 mi
St Juliana SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 1.3 mi
Cornerstone AcademyKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.5 mi
Meadow Park Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.5 mi
Unity For KidsKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.6 mi
The Elles School4,5,6,7,8,9,10,12 · private · 1.6 mi
Estimated Monthly Payment
$3,074/mo
Principal & Interest
$2,528
Property Tax
$396
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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