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1864 NW 28th St

$1,499,999

1864 NW 28th St, Miami, FL 33142

Active
Last Updated: 11/04/2025

3,200 sqft

Building Size

5

Units

Details:
Building Size:    3,200 sqft
Units:    5
Year Built:    1976
Floors:    1
Parking Spots:    7
Highlights:
  • Lot Features: In Residential Area
  • Building Features: Laundry Facilities
  • Number Of Buildings: 1
  • Documents Available: Aerial Photo(S), Photos, Rent Rolls
  • Cooling: Central Individual A/C, Wall/Window Unit(s)
  • Heating: Wall/Window Units
  • Construction Materials: Concrete Block Construction
  • Parking Features: Assigned, On Street
  • Security Features: Smoke Detector(s), Security Fence
Description:

Turnkey 5-unit multifamily in fast-growing 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.

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