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1864 NW 28th St Miami, FL $ 1,499,999
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$ 1,499,999 Get more info
1864 NW 28th St
$ 1,499,999
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Share Save

1864 NW 28th St

Miami, FL, 33142
$ 1,499,999
Bedrooms3 Baths-- Sq 3,200

Monthly Estimate*

$ 9,358

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Commercial Property for sale in Miami, FL

for $1,499,999 with 3 bedrooms. This 3,200 square foot building was built in 1976 on a lot size of 0.23.

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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Commercial Active

Price

$ 1,499,999

Bedrooms

3

Property Type

Commercial

Taxes

$ 15,719

Style

Lot Size

0.23

Year Built

1976

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11897683
Features
General
Sewer Public Sewer
Heating Window Unit Wall Furnace
Cooling Central Air Wall/Window Unit(s)
Possession Closing & Funding
Roof Shingle
Architectural Style Detached
Security Features Fenced Smoke Detector(s)
Construction Materials Block
Year Built 1976
Tenant Pays Electricity
Stories Count 1
Levels One
Property Subtype Multi Family
Tax Year 2024
County Miami-Dade
Property Type Commercial Sale
Full Baths 0
Status Active
City Miami
Zoning Description 3900
Number Of Units Total 5
MLS Area 31
Lot Size Units Square Feet
Lot Size Square Feet 9975
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 15719
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11897683
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
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
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Interior
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Total Bedrooms 3
Total Baths 0
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Exterior
Parking Features Assigned On Street
Water Source Public
Total Parking 7
Lot Size Area 9975
Number of Buildings 1
Building Area Total 3200
Lot Size Acres 0.23
Waterfront Y/N false
Covered Spaces 0
Number of Separate Electric Meters 5
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* Excluded Features
List By
Douglas Elliman

Broker

Miguel.Solis@elliman.com

Email

Affordability Calculator

$10,668
Per Month
88%
12%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$1,310
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/5/2025$1,499,999 Listed Price

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1864 NW 28th St, Miami, FL, 33142 is a Commercial Property for sale at $1,499,999 with 3,200 sqft and a lot size of 0.23. 1864 NW 28th St has 3 bedroomsThe property's zip code is 33142 which is in Miami, FL

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