Allapattah Multifamily Investment
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:
(305) 904-0974
Listed By:
Brandon Sors
(305) 904-0974
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
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.