650 NW 28th Street, Miami, FL 33127

$1,350,000
3,204
SqFt
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List Price
$1,350,000
Status
ACTIVE
Days on Market
134
MLS#
A12011733
Subtype
Residential Income
Year Built
1972
Living Area
3,204
Subdivision
Edgewood Sub
MLS Area Major
2310
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(833) 649-9699

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

Taxes
$13,567
Flooring
Terrazzo, Tile
Heating
None, Separate Meters
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Stories
2
Roof
Shingle
Elementary School
Paul Laurence Dunbar K-8
Middle School
Georgia Jones-Ayers
High School
Miami Jackson
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Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:

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All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.


Agent: Miguel A Fuentes | Email: miguel.fuentes002@gmail.com