Property 1915 NW 28th Street, Miami, FL 33142 for sale with MLS# A12042703

Exceptional value-add multifamily investment opportunity in the heart of Miami's rapidly evolving Allapattah submarket. This 1-acre property currently consists of 24 apartment units, offering immediate income potential while providing significant long-term redevelopment upside.The property presents a rare opportunity to acquire a large infill site in one of Miami's most active growth corridors. Existing rental income can help offset carrying costs while a new owner evaluates redevelopment, repositioning, renovation, zoning enhancements, density increases, Live Local Act opportunities, or other value-creation strategies. Located within close proximity to major employment, transportation corridors, the Health District, Downtown Miami, Wynwood, and Miami International Airport, the site is well-positioned to benefit from continued neighborhood growth and investment. Property is being offered for sale as-is. Buyers are encouraged to conduct their own due diligence regarding zoning, land use, density, redevelopment potential, and all municipal approvals. Do not disturb tenants. Showings by appointment only!

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1915 NW 28th Street, Miami, FL 33142

Price
Price:
$7,000,000.00
Original List Price:
$7,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$506.58
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
New Listing
Last Major Update on:
July 9, 2026 4:00 am
Measures
Built-Up Area:
13,818 Sqft
Lot Size Acres:
1
Construction
Year Built:
1958
Flood Zone Code:
AE
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
GEORGE VIZENTHAL SUB PB 66-119 LOTS 4-5-6 LOT SIZE 43644 SQ FT OR 16648-4138/4140 0195 1
Real Estate Folio Number (Parcel Number):
0131270660040
Zoning:
3900
Listing History
Active on the market since:
July 9, 2026
Listing Agreement executed on:
July 9, 2026
Listing Status Last Changed On:
July 9, 2026 4:00 am
Photos updated on:
August 11, 2026 10:06 pm
Last Modified:
August 11, 2026 10:07 pm
Additional Information
Courtesy of:
Midtown Realty International
Attribution:
Not provided
Location
Street Name:
28th
Street Number:
1915
City:
Miami
State:
Florida
Zip Code:
33142
County:
Miami-Dade
Latitude:
N25° 48' 8.3''
Longitude:
W81° 46' 17.7''
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) 50 Good
☀️ O3 35 Good
🫁 PM2.5 50 Good
Ver la Propiedad Ver la propiedad 1915 NW 28th Street, Miami, FL 33142
Association of REALTORS®
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