1728 NW 15th St - Multifamily - For Sale

Highlights:

• Income-producing asset with value-add potential generating strong cash flow with the option to add more units
• Attractive upside — within walking distance to Miami’s expanding Health District, a major economic engine attracting steady housing demand from medical professionals, researchers, and hospital staff.
• Flexible residential configurations - including long-term rental housing, short-term rentals (per code compliance), or phased redevelopment to capitalize on market growth.
• Large 12,155 SF lot with strong fundamentals — deep footprint, on-site parking, and ample open space for expansion or additional structures (subject to City approval).
• Surrounded by accelerating neighborhood investment — nearby renovations, small multifamily infill, and infrastructure upgrades continue to push rental rates and land values upward.

Description:

Prime Allapattah–Health District location surrounded by major
residential and institutional growth.

• ±4,932 SF single-story structure on a 12,155 SF lot, offering ample yard and parking area.
• Immediate rental income with the opportunity to add more units for higher cash flow.
• Rare opportunity in an undersupplied corridor, minutes from Downtown Miami, SR-836, and Jackson Memorial Hospital.

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