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Multifamily in Miami, FL 33127
Edgewood, 650 NW 28th St

Share
$1,250,000
$100K
Estimate Payment $7,451Closing Costs
Beds
3,204
SqFt
$390
$/SqFt
Premium Multifamily
Built in 1972
Fourplex
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.
MLS Number: A12011733
On Site: 157 Days
Updated: 12 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Terrazzo,Tile
        • Year Built: 1972
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-05-02T08:00:12.000-00:00
          Taxes, Fees & More
          • Taxes: 13567

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          Price History

          Current
          $1.3M
          High
          $1.4M
          Low
          $1.3M
          Total Change
          -7.4%
          $1.4M$1.3M$1.2MMay 26Sep 26
          Date
          Event
          Price
          Change
          Price Per
          09/23/2026
          Price Reduced
          $1.3M
          -7.41%
          $390 ft2
          $4,199 m2
          05/02/2026
          Listed
          $1.4M
           
          $421 ft2
          $4,535 m2
          09/23/2026
          $1.3M
          Event
          Price Reduced
          Change
          -7.41%
          Price Per
          $390 ft2
          $4,199 m2
          05/02/2026
          $1.4M
          Event
          Listed
          Price Per
          $421 ft2
          $4,535 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Miguel Fuentes • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          87
          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          56
          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          77
          100
          Community Snapshot
          $1.3M – $1.3M
          Price Tier
          660 - 3,204
          SqFt Range
          1957
          Year Build

          Miami
          Premium
           Premium Homes & Condos

          Miami, FL Nearby Cities

          Miami, FL Price Range Segments

          Entry-Level
          Entry-Level85
          Premium
          Premium224
          Mid-Tier
          Mid-Tier340
          High-End
          High-End137
          Ultra Luxury
          Ultra Luxury74
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          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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