3,200 sqft

$1,399,999

1864 NW 28th St, Miami FL, 33142

Price per sqft$437.50

Built in1976

Property size3,200 sqft

Property typeCommercial

Overview

Active

Listed Nov 3, 2025

Updated 3 weeks ago

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.

Additional information

MLS^® ID: A11897683

Exterior Features

Lot Size: 0.23 Acres

Other Property Details

Taxes: $15,719
Tax Frequency: Annually

Broker Reciprocity Courtesy of Douglas Elliman

Data last updated:9/14/2026.

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