GRAPELAND CENTER

1040 NW 28th Ave, Miami FL 33125

2 beds · 1 baths · 1,444 ft²

Closed

$475,000

Est. Payment $2,528/mo

MLS Sheet Video

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

100/100
Buyers marketSellers market

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).

1/21/2026Sold$475,000
12/12/2025Listed 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

1040 NW 28th Ave, Miami FL 33125Directions

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

$3,074/mo

Principal & Interest

$2,528

Property Tax

$396

Insurance

$150

HOA

$0

20% ($95,000)
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

Hablo Español

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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.

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