650 NW 28th Street, Miami, FL 33127

$1,350,000
3,204
SqFt

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List Price
$1,350,000
MLS#
A12011733
Sq. Ft
3,204
Subtype
Quadruplex
County
Miami-Dade
Subdivision
Edgewood Sub
Region
2310
Year Built
1972

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.

Additional Information

Heating
None, Separate Meters
Cooling
Wall/Window Unit(s)
Roof
Shingle
Sewer
Public Sewer
Parking Spaces
5
Flooring
Terrazzo, Tile
Construction
Block
Living Area
3,204
Elementary School
Paul Laurence Dunbar K-8
Middle School
Georgia Jones-Ayers
High School
Miami Jackson

Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:

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Calculator source: Real Geeks