1864 NW 28th St

Miami, FL, 33142

$1,449,999

Beds

0 Baths

0 SqFt

0.23 Acres

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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.

Property Details

Price:

$1,449,999

MLS #:

A11897683

Status:

Active

Beds:

Baths:

Type:

Commercial

Subtype:

Income/MultiFamily

Listed Date:

Nov 3, 2025

Total Sq Ft:

3,200

Lot Size:

9,975 sqft / 0.23 acres (approx)

Year Built:

1976

Apartments,commercial/residential IncomeIncome Non-waterfront

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Schools

Interior

Cooling

Central Individual A/C, Wall/Window Unit(s)

Heating

Wall/Window Units

Exterior

Construction Materials

Concrete Block Construction

Parking Features

Assigned, On Street

Parking Spots

Roof

Shingle

Security Features

Smoke Detector(s), Security Fence

Financial

Tax Year

2024

Taxes

$15,719

Map

Community

Market Summary

Current real estate data for Commercial in Miami as of Mar 16, 2026

977

Commercial Listed

200

Avg DOM

$1,339,815

Avg List Price

Property Summary

800-783-8847

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Courtesy of Douglas Elliman. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Miami, FL. All rights reserved.

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