PERFECT FOR INVESTORS!!! Multifamily of 5 Units!!! Located in the vibrant Allapattah neighborhood of Miami. The location is excellent, only minutes from Wynwood, Midtown, and the Design District. The building features two units with 2 bedrooms and 1 bathroom each and three units with 1 bedroom and 1 bathroom each. The property underwent complete renovations, including new kitchen appliances, bathrooms, wood floorings, Impact windows, and a new roof, and has also passed the 40-year inspection. Additionally, there are 7 parking spaces available. Conveniently located within 10 minutes of the airport and 15 minutes of South Beach. And has a CAP rate of 7%. Please do not disturb the tenants.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
4
/10
Comstock Elementary School
2420 NW 18th Ave
Distance between this listing and this school0.16 miles
Public District Grades PK-5
6
/10
Maya Angelou Elementary School
1850 NW 32nd St
Distance between this listing and this school0.24 miles
Public District Grades PK-5
5
/10
Mater International Academy
3405 NW 27th Ave
Distance between this listing and this school0.88 miles
Public Charter Grades KG-5
Nearby Schools
7
/10
Mater Academy Middle School of International Studies
795 NW 32nd St
Distance between this listing and this school1.13 miles
Public Charter Grades 6-9
3
/10
Georgia Jones-Ayers Middle School
1331 NW 46th St
Distance between this listing and this school1.21 miles
Public District Grades 6-8
3
/10
Brownsville Middle School
4899 NW 24th Ave
Distance between this listing and this school1.35 miles
Public District Grades 6-8
Nearby Schools
3
/10
Miami Jackson Senior High School
1751 NW 36th St
Distance between this listing and this school0.62 miles
Public Magnet Grades 9-12
7
/10
Sports Leadership of Miami Charter High School
604 NW 12th Ave
Distance between this listing and this school1.70 miles
Public Charter Grades 9-12
3
/10
Mater Virtual Academy Charter Middle/High School
601 NW 12th Ave
Distance between this listing and this school1.72 miles
The neighbors living near this home have an average income of $24,253. Typical income of Miami, FL residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 1864 NW 28th St in Miami, FL and zip code 33142 in the Civic Center neighborhood. This 3,200 square foot home was built in 1976. It has been listed on Rocket Homes since February 03, 2024 and is currently priced at $1,450,000.
In November 2024, from all listings sold in Miami, FL there were more than 38 sold above asking price, over 445 sold below and more than 112 were sold right at the asked price. Between October 2024 and November 2024, Miami, FL real estate market has seen increase in the number of listings by 6.7%. Listings spent 60 days on the market in November 2024, and had a median list price of $565,671 during the same period.
From Rocket Homes Real Estate and based on county public records data.