$7,000,000
28th St

1915 NW 28th St, Miami FL 33142

Beds

Baths

SQFT 43,644

Garage

68 Years Built

Home Details

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!

Other Interior Features

Heating
Appliances
Living Area - SqFt
Inside
Total - SqFt
43644

General

MLS#
A12042703
Architectural Style
Bathroom Features
Living Area - SqFt
Construction Materials
Window Features
Total - SqFt
43644

Neighbourhood

Location

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!

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