About This Home

This 0-bedroom, 0-bathroom commercial at 1864 NW 28th St in Miami, FL is listed for $1,375,000. Built in 1976, on a 0.23 acres lot.

Key Features

  • Built in 1976
  • 0.23 acre lot
  • 7 parking spaces

Property Details

1 story
7 spaces
1976

Amenities

A/C
Listing Description

Reduced for quick sale ......Turnkey 5-unit multifamily in Allapattah area. Property sits on a gated 9,975 SF lot with on-site parking and upgraded interiors. (3) 1BD + (2) 2BD units. Recent renovations include new kitchens, new bathrooms, impact windows, and updated interiors.

Features separate electric meters, low operating expenses, and on-site laundry. Strong Section 8 rental potential and upside in rents. Zoning (T4-R) allows for value-add or redevelopment potential. Ideal for buy-and-hold investors, 1031 exchange buyers, or cash-flow seeking operators seeking a Miami multifamily asset. Located minutes to Wynwood, Midtown, Health District, and major highways. Great income-producing opportunity with long-term appreciation in Miami's urban core.

Monthly Cost Estimate

$7,354/mo

20% down · 6.5% · 30 years

Principal$994
Interest$5,958
Insurance$401

Estimates only. Actual payments may vary.

Location

1864 NW 28th St

Miami, FL 33142

Property Details

Construction

Block

Parking

AssignedOn Street

Heating

Wall Furnace

Cooling

Central AirWindow Unit(s)Wall/Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1864 NW 28th St is listed at $1,375,000. The estimated monthly payment is $7,354 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1976, 0.23 acre lot, 7 parking spaces.

This property is listed by Miguel Solis.

MS

Miguel Solis

License 0624178

Agent at Douglas Elliman

Listed by Douglas Elliman · Broker phone: (561) 249-4808 · Broker website

MLS# A11897683· Source: Miami REALTORS®· 1 day on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1864 NW 28th St, Miami, FL 33142

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