$1,250,000
650 NW 28th Street
EDGEWOOD SUB
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,250,000
- Price per sq ft
- $390
- Original price
- $1,350,000
- Days on market
- 145
This multi-family property in ZIP 33127 is listed at $1,250,000, or $390 per square foot. The asking price has come down 7.4% from its original $1,350,000. It has been on the market for 145 days.
Estimated monthly payment
$6,569 /mo
Principal and interest only, based on $250,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,250,000
- Days on Site
- 145 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 3,204 sqft
- Total Sq Ft
- 3,204 sqft
- Year Built
- 1972
- Property Type
- Multi-Family
- MLS #
- A12011733
- Property Tax
- $13,567 (2025)
- Subdivision
- EDGEWOOD SUB
- County
- Miami Dade
- Status
- Active
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1972
- Number of Stories
- 2
- Living Sq Ft
- 3,204
- Total Sq Ft
- 3,204
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Zoning
- 7700
Interior Features
- Cooling
- Wall Window Units
- Heating
- None / Separate Meters
- Flooring
- Terrazzo / Tile
Exterior Features
- Construction
- Block
- Roof
- Shingle
Community & HOA
- Utilities
- Cable Not Available
- Financing Terms
- Cash / Conventional / FHA
- MLS Area
- 2310
Schools
- Elementary School
- Paul Laurence Dunbar K-8
- Middle School
- Georgia Jones-Ayers
- High School
- Miami Jackson
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 650 NW 28th Street, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 650 NW 28th Street, Miami, FL 33127. 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 650 NW 28th Street, Miami, FL 33127 still available?
- 650 NW 28th Street, Miami, FL 33127 is currently listed as Active, and has been on the market 145 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 650 NW 28th Street, Miami, FL 33127?
- With 20% down ($250,000) on the $1,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 650 NW 28th Street, Miami, FL 33127 is about $6,569/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 650 NW 28th Street, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 650 NW 28th Street, Miami, FL 33127. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 650 NW 28th Street, Miami, FL 33127?
- 650 NW 28th Street, Miami, FL 33127 is zoned for Paul Laurence Dunbar K-8 (elementary), Georgia Jones-Ayers (middle), Miami Jackson (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 650 NW 28th Street, Miami, FL 33127?
- Often, yes. The right offer on 650 NW 28th Street, Miami, FL 33127 depends on how it's priced against comparable multi-family 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 Fausto Commercial Realty Consultants Inc
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.
$1,250,000
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Listed by Miguel A Fuentes, Fausto Commercial Realty Consultants Inc
Map & Location
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Recent Sales
Recently sold homes in ZIP 33127
These are the last 6 recorded closings in ZIP 33127, with the price each home actually sold for rather than what it was listed at. They closed at a median of $533 per square foot. The most recent closed on October 13, 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$910,000
Sold · October 13, 2026
545 NW 47th Street
3 bed · 3 bath
$39,000 under the asking price
Sold$415,000
Sold · October 9, 2026
5820 NW 3 Avenue
3 bed · 2.5 bath · 1,000 sqft · $415/sqft
$20,000 under the asking price
Sold$575,000
Sold · October 2, 2026
347 NW 42nd Street
4 bed · 1 bath · 1,038 sqft · $554/sqft
$14,700 under the asking price
Sold$580,000
Sold · October 2, 2026
750-752 NW 52nd Street
0 bed · 0 bath · 1,343 sqft · $432/sqft
$94,900 under the asking price
Sold$760,000
Sold · September 30, 2026
231 NW 44th Street
5 bed · 3 bath · 1,426 sqft · $533/sqft
$72,000 under the asking price
Sold$3,000,000
Sold · September 30, 2026
2428 NW 7th Avenue
0 bed · 0 bath
$500,000 under the asking price
See every recorded sale in ZIP 33127 or find out what your ZIP 33127 home is worth.
