650 Nw 28th St, Miami, FL 33127

$1,350,000
3,204
SqFt

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List Price
$1,350,000
MLS#
A12011733
Sq. Ft
3,204
Subtype
Quadruplex
County
Miami-Dade
Community
Edgewood Sub
Subdivision
Edgewood Sub
Year Built
1972

Property Description

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.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
4
Construction
Concrete Block Construction, CBS Construction
Cooling
Wall/Window Unit(s)
Flooring
Terrazzo, Tile
Heating
None
Lot Description
Less Than 1/4 Acre Lot
Roof
Shingle
Taxes
$13,567
Total Floors
2
Stories
2
Roofing
Shingle
Price Per Sqft
$421

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of Fausto Commercial Realty Consultants Inc, Contact: