Multifamily in 1864 NW 28th St Miami for sale with MLS# A11897683

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.

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Days on the market

1864 NW 28th St, Miami, FL 33142

Price
Price:
$1,399,999.00
Previous Asking Price:
$1,449,999.00
Original List Price:
$1,499,999.00
Business Info
Financial Data Source:
Owner
Lease Details
Tenant Pays:
Electricity
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multifamily
MLS Number:
A11897683
Description of Last Important Update:
Price Change
Last Major Update on:
April 15, 2026 2:16 pm
Measures
Built-Up Area:
3,200 Sqft
Lot Area:
9,975 Sqft
Lot Size Unit:
Square Feet
Lot Size Acres:
0.23
Property Features
Waterfront:
No
Security:
Smoke Detector(s), Fenced
Windows:
Impact Glass, Impact glass, Impact Glass
Air Conditioning
Air Conditioning System:
Central Air, Wall/window Unit(s)
Heating
Heating System:
Wall Furnace, Window Unit
Storm Protection:
Impact Glass
Construction
Year Built:
1976
Year Built Details:
Resale
Roof:
Shingle
Number of Buildings:
1
Number of Units Total:
5
Levels:
One
Construction Materials:
Block
Structure Type:
Apartment
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$15,719.00
Tax Year:
2024
Security Deposit Description:
First Month Rent,Security Deposit
Parking
Parking Total Spaces:
7
Covered Spaces:
0
Parking Features:
Assigned, On Street
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Aerial, Ground Photo, Rent Rolls, Ground Photo
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Tenant
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
ALLAPATTAH HOMESITES PB 6-123 LOT 2 & E1/2 LOT 3 LESS N10FT BLK 1 LOT SIZE 9975 SQUARE FEET OR 19147-0372 06 2000 1
Real Estate Folio Number (Parcel Number):
01-31-27-038-0020
Zoning Description:
3900
Listing History
Originally published on:
November 3, 2025 6:30 pm
Active on the market since:
November 3, 2025
Price change occurred on:
April 15, 2026 2:16 pm
Listing Status Last Changed On:
November 3, 2025 6:30 pm
Photos updated on:
March 13, 2026 8:39 pm
Last Modified:
April 15, 2026 6:16 pm
Additional Information
Flood Zone:
AE
Municipal Code:
31
Subdivision Number:
38
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Street Name:
28th St
Street Number:
1864
City:
Miami
State:
Florida
Zip Code:
33142
County:
Miami-Dade
Latitude:
N25° 48' 6.4''
Longitude:
W81° 46' 23.1''
Street Direction Prefix:
NW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $37,900
Median Home Value $298,000
Median Rent $1,289/mo
Median Age 40
Population 56,437

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 55 Moderate
☀️ O3 45 Good
🫁 PM2.5 55 Moderate

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.