$1,250,000
 $6,710 est/mo Sourced by Back At You

650 NW 28th Street,Miami, FL 33127

Miami, FL 33127

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Description

PRICE DROP Location, location, location. This is an ideal "covered land play" in the heart of Allapattah's emerging WOW (West of Wynwood) District. Located just blocks from the Rubell Museum and the world-renowned Wynwood Arts District, this 4-plex represents a premier "path of progress" acquisition.This asset allows any investor to capture the massive spillover demand from Wynwood's expansion while benefiting from Allapattah's lower cost basis. The property's footprint provides tenants immediate access to the high-end retail, dining, and creative offices of the NW 29th Street corridor.With solid CBS "bunker" construction, the building is a perfect candidate for a value-add renovation to achieve market-leading rents or a high-yield short-term rental play. Whether positioned as a strategic land-hold or a "house hack" for a first-time investor, this is a high-upside addition to any sophisticated Miami portfolio.

Details

MLS #A12011733
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1972
Days On Site186
Listing Provided ByFausto Commercial Realty Consultants Inc | Miguel A Fuentes

Features

SQ Feet3,204
Story(s)2
Units4
Zoning7700

Taxes

Tax Annual Amount13567

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33127
Area2310
Community NameEDGEWOOD SUB
Listing VS Median (in EDGEWOOD SUB)
Price:
$1,250,000
low | high
Med:
$1,250,000
50% of Average
sqft:
3,204
low | high
Med:
3,204
50% of Average
$ / sqft:
$390
low | high
Med:
$390
50% of Average
On site:
186
low | high
Med:
186
100% of Average
Sourced by Back At You

Market Activity 33127

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33127
Area2310
Community NameEDGEWOOD SUB
Listing VS Median (in EDGEWOOD SUB)
Price:
$1,250,000
low | high
Med:
$1,250,000
50% of Average
sqft:
3,204
low | high
Med:
3,204
50% of Average
$ / sqft:
$390
low | high
Med:
$390
50% of Average
On site:
186
low | high
Med:
186
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $937K - $1.562M
sqft: 2,000 - 4,000
Nearby Listings Property ImageNearby Listings Details
548 NW 30th Street Property Photo 1
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548 Nw 30th Street
Miami, FL 33127
550 NW 30th Street Property Photo 1
$1,545,000
550 Nw 30th Street
Miami, FL 33127
748 NW 24th Street Property Photo 1
$1,185,000
748 Nw 24th Street
Miami, FL 33127
Listing Updated: October 31, 2026 at 9:01:48 AM PDT