650 Nw 28th St, Miami, FL 33127
- $1,350,000
- 3,204
- SqFt
- List Price
- $1,350,000
- MLS
- A12011733
- Complex Name
- Edgewood Sub
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 3,204
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.
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Additional Information
- Days on Market
- 133
- Style
- Quadruplex, Fourplex
- #Parking Spaces
- 5
- Year Built
- 1972
- Development Name
- Edgewood Sub
- #Stories
- 2
- Construction Type
- Concrete Block Construction, CBS Construction
- Section
- 25
Mortgage Calculator
Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact: