Property 1864 NW 28th Street, Miami, FL 33142 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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1864 NW 28th Street, Miami, FL 33142

Price
Price:
$1,375,000.00
Original List Price:
$1,499,999.00
List Price per Sq Ft (Calculated, Approx.):
$429.68
Lease Details
Tenant Pays:
Electricity, Interior Electric
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Other
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 14, 2026 10:19 pm
Measures
Built-Up Area:
3,200 Sqft
Lot Size Acres:
0.23
Property Features
Security:
Smoke Detector(s), Security Fence
Air Conditioning
Air Conditioning System:
Wall/window Unit(s), Central Individual
Heating
Heating System:
Window/wall
Building:
Laundry Facilities
Construction
Year Built:
1976
Roof:
Shingle
Number of Buildings:
1
Number of Units Total:
2
Construction Materials:
Block
Number of stories:
1
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$15,719.00
Tax Year:
2024
Parking
Parking Total Spaces:
7
Parking Features:
Assigned, On Street
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Aerial Photo(s), Photos
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
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):
0131270380020
Zoning:
3900
Listing History
Active on the market since:
November 3, 2025
Listing Agreement executed on:
November 3, 2025
Price change occurred on:
July 14, 2026 10:19 pm
Listing Status Last Changed On:
November 3, 2025 11:38 pm
Photos updated on:
August 18, 2026 7:53 pm
Last Modified:
August 18, 2026 7:53 pm
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Street Name:
28th
Street Number:
1864
City:
Miami
State:
Florida
Zip Code:
33142
County:
Miami-Dade
Latitude:
N25° 48' 6.3''
Longitude:
W81° 46' 23.1''
Street Suffix:
Street
Street Direction Prefix:
NW
Property Map

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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) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 1864 NW 28th Street, Miami, FL 33142
Association of REALTORS®
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