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650 NW 28th St, Miami, FL, 33127

8beds
4baths
3,204sqft
$1,350,000
$421price/sqft
$8,388/moest. monthly cost
$335,520/yrincome needed

About This Home

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.

Getting Around

88
WalkingVery Walkable
56
TransitGood Transit
74
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Shingle
  • Construction materials: Concrete Block Construction,CBS Construction

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Stairs
  • Flooring: Terrazzo,Tile

Heating & Cooling

  • Heating features: None
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,204
  • Total interior livable area: 3,204 sqft

Property

Details

  • Parcel number: 0131250470050
  • Zoning: 7700

Features

  • Stories: 2

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 5