1864 NW 28th St Miami, FL 33142

Building Details

Year Built

1976

Listing office b***@elliman.com Show Phone

Listing date Mar 11, 2026

Source Elliman

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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.

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FAQs

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.