1864 NW 28th St - Apartments FOR SALE


Miami, FL 33142- Allapattah
$1,499,999 USD
305-343-9554
1864 NW 28th St, Miami, FL for Sale
$1,499,999 USD
Apartments - FOR SALE
1/22
null | 5.6% Cap Rate

1864 NW 28th St
Miami, FL 33142
Allapattah


HIGHLIGHTS

  • Fenced Lot
  • Updated Units - Kitchen, Bathrooms, Interiors
  • Impact Glass Throughout

OVERVIEW

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. Call listing agent or co-listing agent, for more details. Co-Listing Agent: Brandon Sors - (305) 904 0974

FOR SALE DETAILS

PRICE

$1,499,999 USD

PRICE/SF

$469 USD /SF

# OF UNITS

5

PRICE/UNIT

$300,000

CAP RATE

5.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

M-39

APN/PARCEL ID

01-3127-038-0020

ASK ABOUT THIS PROPERTY

Miguel SolisDouglas EllimanMore Info
305-343-9554

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Miguel SolisDouglas EllimanMore Info
305-343-9554

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.