Closed

Northern Boulevard, 645 NW 28th St, Miami, FL 33127

699,999(-5.71% )
1,336SqFt

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Details

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Status:
Sold - Jul 02, 2024
Size: 1,336 SqFt (124 m2)
Price: $494/SqFt ($5,318/m2)
Type: Multi Family
Built: 1928
MLS Number: A11572195
On Site: 481 Days
Updated: 395 Days ago
Page Views: 0
This property represents a rare investment opportunity in the burgeoning 'wow' district of allapattah, just west of wynwood. Available for sale is this multifamily property consisting of two structures on a 7,750 sq ft lot of d2 commercial zoning. The first structure is a single family home, 2 bedrooms one bath with its own enclosed yard space. The second structure, on the rear part of the lot, is a two story structure that has 2 efficiencies downstairs and a an updated one bedroom apartment on the second floor. The property's d2 zoning opens up a wealth of potential redevelopment options, while the existing structures provide stable income in the short term. With its close proximity to the exciting amenities of wynwood and the wider miami area, this property is primed for growth
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1928
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-04-18T14:54:30.000-00:00
          Taxes, Fees & More
          • Taxes: 8327

          Price History

          07/02/2024

          Date

          Sold

          Event

          $660K

          Price

          -5.71%

          Change Rate

          $494 ft2 / $5,318 m2

          Price Per

          04/18/2024

          Date

          Listed

          Event

          $700K

          Price

          $524 ft2 / $5,640 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Miguel FuentesFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $200/ft²
          $500/ft²
          $800/ft²

          Unit 645 NW 28th St – Asking

          $494/ft²

          (+19%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $415/ft²
          Community $/Price Range (Closed) $147/ft² – $691/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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          Miami
          Mid-Tier Homes & Condos

          Northern Boulevard Communities in Miami, FL

          Entry-Level 1
          Inactive Segment 1
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