$7,000,000
 $37,578 est/mo Sourced by Back At You

1915 NW 28th Street,Miami, FL 33142

Miami, FL 33142

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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!

Details

MLS #A12042703
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1958
Days On Site108
Listing Provided ByMidtown Realty International | Luis Garcia

Features

SQ Feet13,818
Zoning3900
Acreage1.00

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33142
Area2310
Listing VS Median (in 33142)
Price:
$7,000,000
low | high
Med:
$299,450
100% of Average
sqft:
13,818
low | high
Med:
882
100% of Average
$ / sqft:
$507
low | high
Med:
$438
63.50561637931% of Average
On site:
108
low | high
Med:
358.5
30.125523012552% of Average
Sourced by Back At You

Market Activity 33142

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Additional Information


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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33142
Area2310
Listing VS Median (in 33142)
Price:
$7,000,000
low | high
Med:
$299,450
100% of Average
sqft:
13,818
low | high
Med:
882
100% of Average
$ / sqft:
$507
low | high
Med:
$438
63.50561637931% of Average
On site:
108
low | high
Med:
358.5
30.125523012552% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 1:52:59 AM PDT