Virtual TourMap

For SaleMulti FamilyActive

1915 NW 28th St

Miami, FL 33142

$7,000,000

119 Days On Site

  • 13,818Sq Ft
  • $507Per Sq Ft
  • 1.0019Acres
  • 1958Built
County
Miami-Dade
MLS®
A12042703

Overview

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!

Listing Snapshot

Price
$7,000,000
Days On Site
119 Days
Bedrooms
N/A
Inside Area (SqFt)
13,818 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
1.0019 Acres
Year Built
1958
MLS® Number
A12042703
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

3 items
Property Sub Type
Multi Family
SqFt Total
13,818
Zoning
3900

Community Features

2 items
MLS Area
31
Financing Terms Available
Cash, Conventional

Location

1915 NW 28th St, Miami, FL 33142 · 31

$25M$25M
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Neighborhood & Commute

ZIP Code 33142

Median household income
$32,196
Income per person
$15,102
Households
19,021
Average household size
2.85
Median age
40.3

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active
  4. Price changed to $7,000,000

Friends & Family

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Listing courtesy of Midtown Realty International (786) 346-1716

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-06 12:33 AM EST

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