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1864 NW 28th St, Miami FL 33142

Commercial Sale

1864 28th St

Miami, FL 33142

ML#:A11897683
List Price:$1,399,999
Status:Active
Days on Market:211
Listing Brkr:Douglas Elliman
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:0.23 acres
Year Built:1976
Stories:1

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33142
Subdivision:
Latitude:25.801747
Longitude:-80.226922

Additional Features

Heating:Wall/Window Units
Cooling:Central Individual A/C, Wall/Window Unit(s)
Construction:Concrete Block Construction
Waterfront:No
Security:Smoke Detector(s), Security Fence

Financial Information

Annual Taxes (2024):$15,719
Original Price:$1,499,999
Days on Market:211

Remarks

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.

Listing Agent

Miguel Solis

Douglas Elliman

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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