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0 Baths
3,204 sqft

$1,250,000

650 NW 28th Street, Miami FL, 33127

Price per sqft$390.14
Built in1972
Property size3,204 sqft
Property typeMulti-family

Overview

Active

Listed May 2, 2026

Updated 12 days ago

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.

$8,316/mo

Est. mortgage payment based on a $1,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$13,567
Tax Frequency
Annually

Listed with Fausto Commercial Realty Consultants Inc

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 3:31 AM UTC, 9/25/2026

 

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