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

$1.2M15.8%
$1,010,000
2,232
SqFt
Status
Sold - Oct 11, 2024
Size
2,232 SqFt (207 m2)
Price
$453/SqFt ($4,871/m2)
Type
Multifamily
Built
1955
MLS Number
A11571814
On Site
879 Days
Updated
18 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

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          Price History

          Current
          $1M
          High
          $1.2M
          Low
          $1M
          Total Change
          -15.8%
          $1.2M$1.1M$987KApr 24Oct 24
          Date
          Event
          Price
          Change
          Price Per
          10/11/2024
          Sold
          $1M
          -15.83%
          $453 ft2
          $4,871 m2
          04/18/2024
          Listed
          $1.2M
           
          $538 ft2
          $5,787 m2
          10/11/2024
          $1M
          Event
          Sold
          Change
          -15.83%
          Price Per
          $453 ft2
          $4,871 m2
          04/18/2024
          $1.2M
          Event
          Listed
          Price Per
          $538 ft2
          $5,787 m2
          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 .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          86

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          56

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          76

          100
          Sound Score®
          Very loud
          67

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          42

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          1 – 3 BR
          Bedrooms
          $359K – $1.7M
          Price Tier
          400 - 7,150
          SqFt Range
          1974
          Year Build
          8
          Total Floors

          Subdivision Amenities

          Cabana
          Dog Park
          Pool
          Recreation Facilities
          Sauna

          Miami
          High-End
          High-End Homes & Condos

          Northern Boulevard Communities in Miami, FL