Description

Exceptional value-add multifamily investment opportunity in the heart of Miami’s rapidly evolving Allapattah submarket. This 1-acre property currently consists of 24 apartment units, offering immediate income potential while providing significant long-term redevelopment upside.The property presents a rare opportunity to acquire a large infill site in one of Miami’s most active growth corridors. Existing rental income can help offset carrying costs while a new owner evaluates redevelopment, repositioning, renovation, zoning enhancements, density increases, Live Local Act opportunities, or other value-creation strategies. Located within close proximity to major employment, transportation corridors, the Health District, Downtown Miami, Wynwood, and Miami International Airport, the site is well-positioned to benefit from continued neighborhood growth and investment. Property is being offered for sale as-is. Buyers are encouraged to conduct their own due diligence regarding zoning, land use, density, redevelopment potential, and all municipal approvals. Do not disturb tenants. Showings by appointment only.

Address

Open on Google Maps

Address: 28th
City: Miami
State/county: Miami-Dade
Zip/Postal Code: 33142
Area: Miami

Details

Updated on July 17, 2026 at 5:59 pm

Property ID A12042703
Price $7,000,000
Land Area 1 Sq Ft
Year Built 1958
Type Multi Family
Property Status Commercial Sale

Additional details

BuildingAreaTotal 13818
CLIP 8502750502
CoListAgentAOR Miami Association of REALTORS
CoListAgentDirectPhone 786-234-2570
CoListAgentEmail miriamcgarcia@bellsouth.net
CoListAgentFirstName Miriam
CoListAgentFullName Miriam Garcia
CoListAgentKey 26791061
CoListAgentKeyNumeric 26791061
CoListAgentLastName Garcia
CoListAgentMlsId SEF3157625
CoListAgentNationalAssociationId 279540383
CoListAgentOfficePhone 305-253-5600
CoListAgentPreferredPhone 786-234-2570
CoListAgentStateLicense 3157625
CoListOfficeAOR Miami Association of REALTORS
CoListOfficeEmail midtownr@aol.com
CoListOfficeKey 5902191
CoListOfficeKeyNumeric 5902191
CoListOfficeMlsId SEFMIDR01
CoListOfficeName Midtown Realty International
CoListOfficePhone 305-253-5600
ContractStatusChangeDate 2026-07-09
CumulativeDaysOnMarket 8
CurrentPrice 7000000
DaysOnMarket 8
DaysOnMarketReplication 8
DaysOnMarketReplicationDate 2026-07-17
DaysOnMarketReplicationIncreasingYN 1
DocumentsCount 0
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 786-346-1716
ListAgentEmail MooseGarcia@Gmail.com
ListAgentFirstName Luis
ListAgentFullName Luis Garcia
ListAgentKey 26764369
ListAgentKeyNumeric 26764369
ListAgentLastName Garcia
ListAgentMlsId SEF3480128
ListAgentNationalAssociationId 279647443
ListAgentOfficePhone 305-253-5600
ListAgentPreferredPhone 786-346-1716
ListAgentStateLicense 3480128
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail midtownr@aol.com
ListOfficeKey 5902191
ListOfficeKeyNumeric 5902191
ListOfficeMlsId SEFMIDR01
ListOfficeName Midtown Realty International
ListOfficePhone 305-253-5600
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-07-09
ListingKey 1176749414
ListingKeyNumeric 1176749414
ListingTerms Cash, Conventional
LotSizeArea 43644
MLSAreaMajor 2310
MajorChangeTimestamp July 9, 2026 at 11:46am
MajorChangeType New Listing
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 17, 2026 at 04:14pm
OccupantType Tenant
OnMarketDate 2026-07-09
OnMarketTimestamp 2026-07-09T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-17T12:12:06.223-00:00
OriginalEntryTimestamp July 9, 2026 at 12:37pm
OriginalListPrice 7000000
OriginatingSystemCoListAgentMemberKey 1222079
OriginatingSystemCoListOfficeKey 1254773
OriginatingSystemID M00000151
OriginatingSystemKey 619462383
OriginatingSystemListAgentMemberKey 1201616
OriginatingSystemListOfficeKey 1254773
OriginatingSystemModificationTimestamp 2026-07-17T12:12:06.223-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
ParcelNumber 0131270660040
Permission IDX
PhotosChangeTimestamp July 17, 2026 at 04:14pm
PhotosCount 76
Possession Negotiable
PostalCity Miami
PostalCode 33142
PostalCodePlus4 5947
PropertySubTypeAdditional Multi Family
PublicSurveyTownship 1
SourceSystemID TRESTLE
SourceSystemKey 1176749414
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp July 9, 2026 at 12:00am
StreetDirPrefix NW
StreetName 28th
StreetNumber 1915
StreetNumberNumeric 1915
StreetSuffix Street
TaxLegalDescription GEORGE VIZENTHAL SUB PB 66-119 LOTS 4-5-6 LOT SIZE 43644 SQ FT OR 16648-4138/4140 0195 1
UniversalPropertyId US-12025-N-0131270660040-R-N
VideosChangeTimestamp 2026-07-17T16:14:51.017-00:00
VideosCount 0
Zoning 3900