Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1864 NW 28Th St Miami, FL 33142

    For Sale
    $1,499,999

    Multi Family, Detached - Miami, FL

    Type:Single Family Attached
    Lot size:
    0.23 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 7 at 11:06 am

    Property Features for 1864 NW 28Th St

    General Information

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

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air, Multi Units, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1976
    Number of units
    5
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    Douglas Elliman (305) 695-6300 [email protected]

    Listing agent Miguel Solis (305) 695-6300 License #0624178

    Listing date Nov 4, 2025

    MLS# A11897683 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Multifamily Investment Opportunity

    This is a turnkey 5-unit multifamily property located in the fast-growing Allapattah area. The property is situated on a gated 9,975 SF lot and includes on-site parking. The unit mix consists of (3) 1BD units and (2) 2BD units, featuring upgraded interiors. Recent renovations include new kitchens, new bathrooms, impact windows, and updated interiors. The property has separate electric meters, on-site laundry, and low operating expenses. There is strong Section 8 rental potential and upside in rents. The zoning (T4-R) allows for value-add or redevelopment potential. It is 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, this property presents a great income-producing opportunity with long-term appreciation in Miami’s urban core.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.226918
    Latitude
    25.801762

    Nearby Similar for Sale

    • New
      $2,350,000

      Miami Multifamily Short-Term Rental Property

      Boutique 5-unit apartment community in Miami's Qualified Opportunity Zone.
      1053 NW 29Th St, Miami, FL 33127
      View Details
    • $1,275,000
      3,892 SF

      Miami Fourplex with Income Potential

      Residential income property in Miami, featuring a pool and gated entry.
      14500 NE 2Nd St, Miami, FL 33161
      View Details
    • $3,850,000

      New Multifamily Units in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,850,000
      7,000 SF

      Miami Multifamily Investment Opportunity

      New 10-unit multifamily property in Little Havana.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,500,000

      Remodeled Corner Office Suite, Miami

      Completely remodeled corner office suite in the heart of Miami's financial district.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $2,100,000

      Redevelopment Opportunity in Miami, FL

      Two lots totaling 14,000 sq. ft. ideal for redevelopment.
      1750 NW 7Th St, Miami, FL 33125
      View Details

    FAQs

    What type of property is this?
    Apartment building - Turnkey 5-unit multifamily property in Allapattah area.
    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 $1,499,999.
    What are key features of this property?
    This property features: - Turnkey 5-unit multifamily property in Allapattah, offering immediate income.; - Strong Section 8 rental potential and upside in rents, maximizing cash flow.; - Recent renovations include new kitchens, new bathrooms, impact windows, and updated interiors.
    (305) 695-6300
    Request Owner's contact information
    1864 NW 28Th St Miami, FL 33142
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1864 NW 28Th St
    Miami, FL 33142
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1864 NW 28Th St Miami, FL 33142
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.