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1915 NW 28th St, Miami FL 33142

Miami, FL 33142

$7,000,000

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Price
$7,000,000
Building size
13,818
Property type
Income/MultiFamily
Year built
1958
Lot size (sq ft)
43,644
MLS number
A12042703

This listing is courtesy of Midtown Realty International, 305-253-5600.

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About this property

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

Property type
Income/MultiFamily
Year built
1958
Lot size (sq ft)
43,644

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

1915 NW 28th St, Miami FL 33142 | Newmar Brokerage, LLC