About This Home

This 0-bedroom, 0-bathroom commercial at 1915 NW 28th St in Miami, FL is listed for $7,000,000. Built in 1958, on a 1.00 acres lot.

Key Features

  • Built in 1958
  • 1.00 acre lot

Property Details

1958
Listing Description

Exceptional value-add multifamily investment opportunity in the heart of Miami's rapidly evolving Allapattah submarket. This 1-acre property currently consists of 24 apartment units, offering immediate income potential while providing significant long-term redevelopment upside.

The property presents a rare opportunity to acquire a large infill site in one of Miami's most active growth corridors. Existing rental income can help offset carrying costs while a new owner evaluates redevelopment, repositioning, renovation, zoning enhancements, density increases, Live Local Act opportunities, or other value-creation strategies.

Located within close proximity to major employment, transportation corridors, the Health District, Downtown Miami, Wynwood, and Miami International Airport, the site is well-positioned to benefit from continued neighborhood growth and investment. Property is being offered for sale as-is. Buyers are encouraged to conduct their own due diligence regarding zoning, land use, density, redevelopment potential, and all municipal approvals. Do not disturb tenants. Showings by appointment only!

Monthly Cost Estimate

$37,437/mo

20% down · 6.5% · 30 years

Principal$5,062
Interest$30,333
Insurance$2,042

Estimates only. Actual payments may vary.

Location

1915 NW 28th St

Miami, FL 33142

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1915 NW 28th St is listed at $7,000,000. The estimated monthly payment is $37,438 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958, 1.00 acre lot.

This property is listed by Luis Garcia.

LG

Luis Garcia

License 3480128

Agent at Midtown Realty International, Inc

Listed by Midtown Realty International, Inc · Broker phone: (305) 253-5600

MLS# A12042703· Source: Miami REALTORS®· 9 days 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.

1915 NW 28th St, Miami, FL 33142

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