Price Check
How this price compares
- List price
- $1,375,000
- Price per sq ft
- N/A
- Original price
- $1,499,999
- Days on market
- 324
This commercial property in ZIP 33142 is listed at $1,375,000. The asking price has come down 8.3% from its original $1,499,999. It has been on the market for 324 days.
Estimated monthly payment
$7,226 /mo
Principal and interest only, based on $275,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,375,000
- Days on Site
- 324 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 3,200 sqft
- Lot Size
- 0.23 Acres
- Year Built
- 1976
- Property Type
- Commercial
- MLS #
- A11897683
- Property Tax
- $15,719 (2024)
- County
- Miami Dade
- Status
- Active
About This Property
Reduced for quick sale ......Turnkey 5-unit multifamily in Allapattah area. Property sits on a gated 9,975 SF lot with on-site parking and upgraded interiors. (3) 1BD + (2) 2BD units. Recent renovations include new kitchens, new bathrooms, impact windows, and updated interiors. Features separate electric meters, low operating expenses, and on-site laundry. Strong Section 8 rental potential and upside in rents. Zoning (T4-R) allows for value-add or redevelopment potential. Ideal for buy-and-hold investors, 1031 exchange buyers, or cash-flow seeking operators seeking a Miami multifamily asset. Located minutes to Wynwood, Midtown, Health District, and major highways. Great income-producing opportunity with long-term appreciation in Miami’s urban core.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1976
- Property Condition
- Resale
- Number of Stories
- 1
- Parking
- Assigned / On Street
- Lot Size (Acres)
- 0.23
- Total Sq Ft
- 3,200
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3900
Interior Features
- Cooling
- Central Air / Wall Window Units
- Heating
- Wall Furnace
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Lot Features
- Residential Lot / Less Than Quarter Acre
Community & HOA
- Community Features
- Laundry Facilities
- Security
- Smoke Detectors / Security Fence
- Financing Terms
- Cash / Conventional
- MLS Area
- 2310
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,370
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $509
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 1864 NW 28th Street, Miami, FL 33142?
- Use the Tour button on this listing to request a showing of 1864 NW 28th Street, Miami, FL 33142. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1864 NW 28th Street, Miami, FL 33142 still available?
- 1864 NW 28th Street, Miami, FL 33142 is currently listed as Active, and has been on the market 324 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1864 NW 28th Street, Miami, FL 33142?
- With 20% down ($275,000) on the $1,375,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1864 NW 28th Street, Miami, FL 33142 is about $7,226/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1864 NW 28th Street, Miami, FL 33142?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1864 NW 28th Street, Miami, FL 33142. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1864 NW 28th Street, Miami, FL 33142?
- Often, yes. The right offer on 1864 NW 28th Street, Miami, FL 33142 depends on how it's priced against comparable commercial sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,375,000
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Listed by Miguel J Solis, Douglas Elliman
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Recent Sales
Recently sold homes in ZIP 33142
These are the last 6 recorded closings in ZIP 33142, with the price each home actually sold for rather than what it was listed at. They closed at a median of $371 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$11,000,000
Sold · October 15, 2026
3464 N River Drive
0 bed · 0 bath
Sold$335,000
Sold · October 14, 2026
2118 NW 47th Street
3 bed · 1 bath · 1,040 sqft · $322/sqft
$5,000 over the asking price
Sold$557,500
Sold · October 13, 2026
1519 NW 40th Street
0 bed · 0 bath · 1,959 sqft · $285/sqft
$7,500 under the asking price
Sold$280,000
Sold · October 9, 2026
2052 NW 27th Street
0 bed · 0 bath
$19,000 under the asking price
Sold$490,000
Sold · October 9, 2026
2501 NW 55th Terrace
3 bed · 2 bath · 1,320 sqft · $371/sqft
$15,000 under the asking price
Sold$400,000
Sold · October 7, 2026
3062 NW 60th Street
3 bed · 2 bath · 864 sqft · $463/sqft
See every recorded sale in ZIP 33142 or find out what your ZIP 33142 home is worth.
