1236 NW 28th St - Apartments FOR SALE


Miami, FL 33142- Allapattah
$955,000 USD
305-329-1470
1236 NW 28th St, Miami, FL for Sale
$955,000 USD
Apartments - FOR SALE
1/17
null | 5.8% Cap Rate

1236 NW 28th St
Miami, FL 33142
Allapattah


OVERVIEW

Prime Investment Opportunity: Fully Legal, Income-Producing Fourplex in the Heart of Allapattah – Seller Highly Motivated! Introducing 1236 NW 28th St, a turnkey investment property in one of Miami’s fastest-growing neighborhoods—Allapattah. This fully leased, legally zoned fourplex offers an immediate and consistent income stream, currently generating $5,800 per month in gross rental income. With low operating expenses—tenants are responsible for all utilities except water and trash—this asset provides excellent cash flow and minimal management overhead. Whether you're a seasoned investor or just beginning your portfolio, this property checks all the boxes for a profitable, low-maintenance investment. Unbeatable Location: Situated minutes from the thriving Wynwood Arts District, the Health District, and Downtown Miami, the property offers superb accessibility to I-95, SR 836, and other major highways. The area is experiencing rapid growth and transformation, with increasing demand for rental housing driven by its proximity to employment centers, cultural hotspots, and transit options.

FOR SALE DETAILS

PRICE

$955,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

4

PRICE/UNIT

$238,750

CAP RATE

5.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,580 SF

ZONING

T3-O

APN/PARCEL ID

01-3126-039-2190

ASK ABOUT THIS PROPERTY

Michelle De pintoAROD PARTNERS REALTYMore Info
305-329-1470

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Michelle De pintoAROD PARTNERS REALTYMore Info
305-329-1470

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.