Closed

Northern Boulevard, 669 NW 28th St, Miami, FL 33127

1,199,999(-15.83% )
2,232SqFt

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Details

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Status:
Sold - Oct 11, 2024
Size: 2,232 SqFt (207 m2)
Price: $453/SqFt ($4,871/m2)
Type: Multi Family
Built: 1955
MLS Number: A11571814
On Site: 480 Days
Updated: 281 Days ago
Page Views: 0
Welcome to an exceptional opportunity in allapattah's wow district! This 6-unit property on 7,200 sq ft of d2 industrial-zoned land is primed for lucrative returns. Property consist of 5 studio hotel room style uits and one 1 bed 1 bath apartment. Four of the six units have been remodeled. With partial updates and below-market rents, there's ample room to increase income as the neighborhood continues to flourish. As new businesses and attractions emerge such as morgans' and paradise, rental demand will soar, offering a steady income stream. Plus, the flexible zoning allows for diverse commercial ventures in the future, ensuring multiple income avenues. Don't miss out on this chance to capitalize on allapattah's promising growth!
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: AtticFan, WallWindowUnits
        Building and Construction
        • Floor Description: Terrazzo,Vinyl
        • Year Built: 1955
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-04-18T14:44:43.000-00:00
          Taxes, Fees & More
          • Taxes: 11550

          Price History

          10/11/2024

          Date

          Sold

          Event

          $1M

          Price

          -15.83%

          Change Rate

          $453 ft2 / $4,871 m2

          Price Per

          04/18/2024

          Date

          Listed

          Event

          $1.2M

          Price

          $538 ft2 / $5,787 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 669 NW 28th St – Asking

          $453/ft²

          (+9%) 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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