1864 NW 28th Street, Miami, FL 33142
$1,375,000 · $430 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $1,375,000
- Price per sq ft: $430
- Building size: 3,200 sq ft
- Lot size: 10,019 sq ft
- Zoning: 3900
- Year built: 1976
- Units: 2
- Stories: 1
- Tenant pays: Electricity, Interior Electric
- Buildings: 1
- Parking spaces: 7
- Parcel ID: 0131270380020
- MLS#: A11897683
About this property
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.
Building Features and Utilities
- Block
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| 1 Bedroom | 3 | 1 / — | — | $154/mo | — |
| 2 Bedroom | 2 | 2 / — | — | $188/mo | — |
5 units. Reported rent $10,056 a year ($838 a month).
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
Operating Statement
| Gross income | $115,500/yr |
|---|---|
| Property taxes | $15,719/yr |
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 1864 NW 28th Street
- Included: Building, Fixtures, Land, Machinery
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Douglas Elliman · martha.pomares@elliman.com · Listing agent: Miguel J Solis
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1864 NW 28th Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 1864 NW 28th Street
- How much is 1864 NW 28th Street?
- 1864 NW 28th Street is listed at $1,375,000, about $430 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 1864 NW 28th Street zoned?
- The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 1864 NW 28th Street?
- The listing reports 3,200 square feet of building.
- When was 1864 NW 28th Street built?
- 1864 NW 28th Street was built in 1976. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 1864 NW 28th Street?
- The listing reports annual property taxes of $15,719 for 2024. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 1864 NW 28th Street?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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