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Value-Add Multifamily Apartment Building
For Sale
$7,000,000

1915 NW 28th St, Miami, FL 33142

As-is multifamily property with 24 apartment units on a one-acre site.

Property SizeContact for details
Days on Market60

Property Features for 1915 NW 28th St

General Information

Standard status Active
Property subtype Multi Family

Amenities

Square Feet: 43644
Parcel Number: 01-31-27-066-0040, Tax Legal Description: GEORGE VIZENTHAL SUB PB 66-119 LOTS 4-5-6 LOT SIZE 43644 SQ FT OR 16648-4138/4140 0195 1
Business Type: Residential-Multi-Family, Special Listing Conditions: Sale, Standard Status: Active
Year Built: 1958, Building Area Total: 13818
County Or Parish: Miami-Dade County
Leasable Area Units: Square Feet
Units In Community: 24
Possession: Funding

Building Details

Year Built 1958
Listing Agency: Midtown Realty International
Listed By: Luis Garcia
Source: Riserealty
Added: Jul 9 Changed: Sep 5 Last Checked: Sep 6 at 7:59AM

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 Midtown Realty International

Investment Insights

Based on property information with market context.

This for-sale multifamily apartment building is being offered as-is and includes 24 apartment units on a one-acre property. It presents a value-add, redevelopment-oriented acquisition where existing rental income may help offset carrying costs while a new owner evaluates next steps.

The property is located in the Allapattah submarket and is described as being within close proximity to major employment and transportation corridors, the Health District, Downtown Miami, Wynwood, and Miami International Airport.

Buyers are encouraged to perform their own due diligence regarding zoning, land use, density, redevelopment potential, and required municipal approvals. Showings are by appointment only, and tenants should not be disturbed.

Key Highlights

  • As‑is multifamily property with 24 apartment units on a 1‑acre site
  • Year built: 1958
  • Offered for sale as‑is with showings by appointment only

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Skin Care Clinic Acupuncture Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

2,965
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 - As-is multifamily property with 24 apartment units on a one-acre site.
Where is this apartment building located?
The property is located at 1915 NW 28th St Miami, FL.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: As‑is multifamily property with 24 apartment units on a 1‑acre site; Year built: 1958; Offered for sale as‑is with showings by appointment only
More about this property
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