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1864 NW 28th St, Miami FL 33142

Commercial For Sale
$1,399,999

BTC: 22.80128664

ETH: 801.83218786

-$100K (2026/04/15)
215 days
0 room(s)

Overview

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.

Location

Florida • Miami • 33142 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
Assigned / On Street
Year Built:
1976
Lot:
0.23 Acres
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Central Individual A/C / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,199,000
$1.1M – $6.4M
Confidence Low
List vs. estimate
$799K below estimate
List $1,399,999 · -36.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $562K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,719
2024
Parking
7 spaces
All facts and features

  • Heating

    • Wall/Window Units

    Cooling

    • Central Individual A/C

    • Wall/Window Unit(s)

  • Parking

    • Assigned

    • On Street

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 01-31-27-038-0020

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $15,719

  • Source details

    • MLS ID: A11897683

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: In Residential Area

    • Window Features: Clear Impact Glass

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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36TH ST HIGHLANDS, Miami
3805 NW 35th Ave, Miami FL 33142

Market around this address

Live counts in the same area.
View all
This zip
33142
241
median $619K
Active
Same city
Miami
11,708
median $649K
Active
Same type
Commercial
1,120
median $1.3M
Active
Similar price
$979K – $1.8M
1,704
median $1.3M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman