Furnished Co-Living Apartment
For Sale
Contact for pricing
51 Northwest 28th Street, Miami, FL 33127
Modern, purpose-built co-living asset with 217 furnished private bedrooms and penthouse amenities, delivered in May 2024.
Property Size103,325 SF
Days on Market54
Property Features for 51 Northwest 28th Street
General Information
Standard status
Active
Size
103,325 SF
Class
A
Total Parking Spaces
82
Property subtype
Multifamily
Zoning
T5-O
Occupancy
92%
Investment Type
Institutional
Additional Details
Multifamily Units
63
Building Details
Year Built
2024
Stories
8
Tenancy
Multi
Listing Agency:
DWNTWN Realty Advisors
(305) 909-7343
Listed By:
Devlin Marinoff · License #3401802
Source:
Crexi
Added: Jun 21
Changed: Aug 10
Last Checked: Aug 12 at 2:12PM
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 DWNTWN Realty Advisors
Investment Insights
Based on property information with market context.
i5 Wynwood is a Class A, furnished private-bedroom co-living apartment asset delivered in May 2024. The property includes 63 residential units with 217 beds, configured as shared three- and four-bedroom apartments that provide fully furnished private bedrooms with en-suite bathrooms. The building is arranged over eight residential floors, with a penthouse amenity level designed for resident use. Amenities on the penthouse level include a leisure pool and sun deck, an indoor/outdoor fitness center, a coworking lounge, and a summer kitchen.
Located at 51 NW 28th Street in Miami’s Wynwood Arts District, i5 Wynwood has direct street frontage and is positioned as a purpose-built option for tenant stays that benefit from turnkey accommodations and on-site amenities. The property was developed by Related Group and W5 Group. As of May 2026, the property is reported to be approximately 92% occupied.
For operators and buyers, the mix of individually keyed, furnished bedrooms within shared apartments supports flexible use cases, including short-term rental, extended-stay, or hybrid hotel-style operations. With penthouse amenities and on-site work and fitness spaces already in place, the asset can appeal to residents who want a self-contained living experience, while maintaining revenue stability given the reported occupancy level.
Located at 51 NW 28th Street in Miami’s Wynwood Arts District, i5 Wynwood has direct street frontage and is positioned as a purpose-built option for tenant stays that benefit from turnkey accommodations and on-site amenities. The property was developed by Related Group and W5 Group. As of May 2026, the property is reported to be approximately 92% occupied.
For operators and buyers, the mix of individually keyed, furnished bedrooms within shared apartments supports flexible use cases, including short-term rental, extended-stay, or hybrid hotel-style operations. With penthouse amenities and on-site work and fitness spaces already in place, the asset can appeal to residents who want a self-contained living experience, while maintaining revenue stability given the reported occupancy level.
Key Highlights
- 63‑unit, 217‑bed Class A co‑living apartment asset with fully furnished private bedrooms and en‑suite bathrooms
- Delivered May 2024 (Year built 2024) at 51 NW 28th Street in Miami’s Wynwood Arts District
- Eight residential floors plus a penthouse amenity level with leisure pool, sun deck, indoor/outdoor fitness center, coworking lounge, and summer kitchen
Property Analytics
Property Profile
Current Use
Lease Details
63
Residential units
92%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,259
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Modern, purpose-built co-living asset with 217 furnished private bedrooms and penthouse amenities, delivered in May 2024.
Where is this apartment building located?
The property is located at 51 Northwest 28th Street Miami, FL.
What are key features of this property?
This property features: 63‑unit, 217‑bed Class A co‑living apartment asset with fully furnished private bedrooms and en‑suite bathrooms; Delivered May 2024 (Year built 2024) at 51 NW 28th Street in Miami’s Wynwood Arts District; Eight residential floors plus a penthouse amenity level with leisure pool, sun deck, indoor/outdoor fitness center, coworking lounge, and summer kitchen
