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1864 NW 28th St, Miami, FL, 33142
Allapattah Multifamily Investment Opportunity

1864 NW 28th St Miami, FL 33142

For Sale
$1,399,999

Turnkey 5-unit multifamily property in Allapattah with upside potential.

Lot Size0.23 Acres
Days on Market142

Property Features for 1864 NW 28th St

General Information

Standard status Active
Lot size 0.23 Acres
Property subtype Commercial

Building Details

Year Built 1976
Listing Agency:
Listed By: Brandon Sors
Source: Elliman
Added: Mar 11 Changed: Jul 6 Last Checked: Jul 29 at 6:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brandon Sors

Investment Insights

Based on property information with market context.

This turnkey multifamily property is located in the rapidly developing Allapattah area. The property features five units, including three one-bedroom units and two two-bedroom units. Situated on a gated 9,975 square foot lot, the property includes on-site parking. The interiors have been upgraded, with recent renovations including new kitchens, new bathrooms, impact windows, and updated interiors. The property also features separate electric meters and on-site laundry. The zoning, T4-R, allows for value-add or redevelopment opportunities. The property is located minutes from Wynwood, Midtown, the Health District, and major highways. This income-producing property presents a strong Section 8 rental potential and upside in rents, making it ideal for buy-and-hold investors, 1031 exchange buyers, or cash-flow seeking operators looking for a Miami multifamily asset.

Key Highlights

  • Turnkey 5‑unit multifamily property in the fast‑growing Allapattah area.
  • Recent renovations including new kitchens, new bathrooms, impact windows, and updated interiors.
  • Gated 9,975 SF lot with on‑site parking.

Property Analytics

Property Profile Location Intelligence

Current Use

Apartment buildings

Suggested Use

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

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Apartment building - Turnkey 5-unit multifamily property in Allapattah with upside potential.
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 $1,399,999.
What are key features of this property?
This property features: Turnkey 5‑unit multifamily property in the fast‑growing Allapattah area.; Recent renovations including **new kitchens, new bathrooms, impact windows, and updated interiors.**; Gated 9,975 SF lot with on‑site parking.
More about this property
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