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$1,475,000
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Property Description
Turnkey 5-unit multifamily in fast-growing 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.
Full Property Details
Full Property Details for 1864 NW 28th St
General
- Price: $1,475,000
- Taxes: $15,719 (2024)
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11897683
- Updated: 1/7/2026
- Added to Site: 74 day(s) ago
Business
- Business Type: Apartments, Commercial/Residential Income
Additional Information
- Security/Safety: Smoke Detector(s), Security Fence
Parking
- Total Spaces: 7
- Parking Features: Assigned, On Street
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 5
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Individual A/C, Wall/Window Unit(s)
- Heating Type: Wall/Window Units
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Commercial, Free Standing, Other Building Type
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Windows: Clear Impact Glass
- Stories/Levels: 1
- Building Size: 3200
- Current Bldg. Use: Income Non-Waterfront
- Year Built: 1976
- Other Struct. Feat.: Laundry Facilities
Unit Information
- Units in Complex: 5
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 9,975
- Lot Features: In Residential Area
- Zoning: 3900
Financial Considerations
- Tax Amount: $15,719
- Tax Year: 2024
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Photos, Rent Rolls
- Legal Description: ALLAPATTAH HOMESITES PB 6-123 LOT 2 & E1/2 LOT 3 LESS N10FT BLK 1 LOT SIZE 9975 SQUARE FEET OR 19147-0372 06 2000 1
- Inclusions: Building & Land, Fixtures, Equipment
- Property ID: 01-31-27-038-0020
Listed by Douglas Elliman
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Schools
Schools serving 1864 NW 28th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Maya Angelou Elementary School 1850 Northwest 32nd Street, Miami, FL 33142 | PK-5 | 0.2 mi |
Georgia Jones Ayers Middle School 1331 Northwest 46th Street, Miami, FL 33142 | 6-8 | 1.3 mi |
Miami Jackson Senior High School 1751 Northwest 36th Street, Miami, FL 33142 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1864 NW 28th St
Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$1,475,000
-1.67%
MLS
11/03/2025
Listed
$1,499,999
15.83%
MLS
10/10/2023
Sold
$1,295,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1864 NW 28th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,719
58%
$784,626
30%
2023
$9,935
25%
$605,502
57%
2022
$7,950
-3%
$385,654
—
2021
$8,194
2%
$385,654
2%
2019
$8,049
9%
$377,086
6%
2018
$7,418
6%
$354,165
7%
2017
$7,022
-3%
$331,483
—
2016
$7,235
49%
$331,483
57%
2015
$4,858
1%
$211,750
10%
2014
$4,806
2%
$192,500
-7%
2013
$4,709
—
$207,884
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1864 NW 28th St
1864 NW 28th St, Miami, FL 33142 (MLS# A11897683) is a Apartment property. 1864 NW 28th St is currently listed for $1,475,000 and was received on November 03, 2025. Want to learn more about 1864 NW 28th St? Do you have questions about finding other Apartment real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

