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Renovated 5-Unit Apartment Building
For Sale
$1,375,000

1864 NW 28th St, Miami, FL 33142

Commercial Sale, Miami, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market53

Property Features for 1864 NW 28th St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 3900
Parking 7
Parking features On Street, Assigned
Subdivision 31
Standard status Active
APN 01-31-27-038-0020
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax 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
Tax Annual Amount 15719
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

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Wall/Window Unit(s), Central Air, Window Unit(s)
Water source Public

Amenities

gated
on-site laundry

Building Details

Year built 1976
Floors in Building 1
Number of units 5
Building materials Block
Roof type Shingle
Listing Agency: Douglas Elliman
Listed By: Miguel Solis · License #0624178
Added: Jul 14 Changed: Sep 2 Last Checked: Sep 4 at 10:06AM
MLS# A11897683

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5-unit apartment property includes three one-bedroom residences and two two-bedroom residences. The gated 9,975-square-foot lot provides on-site parking, while the building includes laundry facilities and separate electric meters. Interior improvements include remodeled kitchens, refreshed bathrooms, impact windows, and other updated finishes. Constructed in 1976 with block construction, the property is served by public water and public sewer.

The property is located in Miami’s Allapattah area, minutes from Wynwood, Midtown, the Health District, and major highways. T4-R zoning permits value-add or redevelopment potential, subject to applicable approvals. Assigned and on-street parking are available, and the roof is shingle.

Key Highlights

  • Five‑unit configuration with 3 one‑bedroom and 2 two‑bedroom apartments
  • 9,975 SF gated lot with on‑site parking
  • Updated kitchens, bathrooms, interiors, and impact windows

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,645
Businesses Nearby

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated interiors, separate electric metering, laundry facilities, and on-site parking support multifamily operations.
Where is this apartment building located?
The property is located at 1864 NW 28th St Miami, FL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Five‑unit configuration with 3 one‑bedroom and 2 two‑bedroom apartments; 9,975 SF gated lot with on‑site parking; Updated kitchens, bathrooms, interiors, and impact windows
More about this property
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