650 NW 28th St, Miami, FL, 33127
650 NW 28th St, Miami, FL, 33127 - Image 2650 NW 28th St, Miami, FL, 33127 - Image 3650 NW 28th St, Miami, FL, 33127 - Image 4650 NW 28th St, Miami, FL, 33127 - Image 5

650 NW 28th St, Miami, FL, 33127

8 bedrooms · 4 baths · 3,204 sq.ft.

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.

Information

Property typeMulti Family
Size3,204 sq.ft.
Year built1972
Stories2
Price per sq.ft.USD 390
Last sold2006-01-26
Last sold priceUSD 359,000
CountyMiami-Dade
ZIP code33127
LocationMiami, United States

USD 1,250,000

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Where it's located

Miami, United States

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