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$1,485,000   Price Analysis
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1864 NW 28th St
Miami, FL 33142
7 bed 5 bath 3,200 SqFt ($464/SqFt)
Built 1976
Listed 2024-02-03, Taxes $7,950
Ⓧ USDA Ineligible
due to price & location

near Miami

PERFECT FOR INVESTORS!!!

Multifamily of 5 Units!!! Located in the vibrant Allapattah neighborhood of Miami. The location is excellent, minutes from Wynwood, Midtown and the Design District. The building features two units with 2 bedrooms and 1 bathroom each and three units with 1 bedroom and 1 bathroom each.

The property underwent complete renovatons, including new kitchen appliances, bathrooms, wood floorings, Impact windows and a new roof and has also passed the 40-year inspection. Additionally, there are 7 parking spaces available. Conveniently located within 10 minutes of the airport and 15 minutes of South Beach. And has a CAP rat e of 7%. Please do not disturb the tenants.


Presented by Rodrigo Fortuna at
Fortuna Properties Group Inc.
Listing Agent Photo

Property MLS #A11523384 from MiamiMLS

Bedrooms: 7

Total Bathrooms: 5
Full Bathrooms: 5

Cooling Features: CentralAir

Flooring: CeramicTile

Fence

Lot Description: Item14Acre

Parking Total: 7

Association: No
Calculated Total Monthly Association Fees: 0

Community Features: LaundryFacilities

Rent Includes: TrashCollection, Water

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

Annual Tax Amount: 9537
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: ALLAPATTAH HOMESITES
Parcel Number: 01-31-27-038-0020
Postal City: Miami
Postal Code Plus 4: 6027
Subdivision: ALLAPATTAH HOMESITES
Zoning Description: 3900
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$86,404 + $299,250
$385,654
$7,950
2021$86,404 + $299,250
$385,654
$8,193
2020$186,154 + $199,500
$385,654
$8,213
2019$197,536 + $179,550
$377,086
$8,049
2018$174,615 + $179,550
$354,165
$7,418
2017$221,758 + $109,725
$331,483
$7,022
2016$251,683 + $79,800
$331,483
$7,234
2015$unknown + $unknown
$211,750
$4,858
2014$unknown + $unknown
$192,500
$4,805
2013$unknown + $unknown
$207,884
$4,708
2012$unknown + $unknown
$236,577
$5,343
2011$unknown + $unknown
$215,002
$4,890
2010$unknown + $unknown
$321,052
$7,772
2009$unknown + $unknown
$377,435
$8,678
2008$unknown + $unknown
$462,010
$10,458
2007$unknown + $unknown
$442,060
$9,793

Listed for rent 2024-06-18
$2,000
MiamiMLS
Price Changed 2024-06-17
$1,485,000
MiamiMLS
Listing removed 2024-03-01
$1,950
MiamiMLS
Listed for rent 2024-02-26
$1,950
MiamiMLS
Listing removed 2024-02-03
$1,950
MiamiMLS
Listed 2024-02-03
$1,499,000
MiamiMLS
Listed for rent 2023-12-21
$1,950
MiamiMLS
Sold 2023-10-11
$1,295,000
MiamiMLS
Listed 2023-07-18
$1,350,000
MiamiMLS
Listed 2023-07-17
$1,350,000
MiamiMLS
Sold 2023-05-01
$1,160,000
MiamiMLS
Listed 2023-03-20
$1,345,000
MiamiMLS
Listing removed 2022-09-23
$1,150,000
MiamiMLS
Listing removed 2022-09-23
$2,000
MiamiMLS
Listing removed 2022-08-24
$2,000
MiamiMLS
Listing removed 2022-08-12
$0
MiamiMLS
Price Changed for rent 2022-08-03
$2,000
MiamiMLS
Price Changed for rent 2022-08-03
$2,000
MiamiMLS
Listed for rent 2022-07-11
$2,935
MiamiMLS
Listed for rent 2022-07-11
$2,935
MiamiMLS
Relisted 2022-07-11
$1,150,000
MiamiMLS
Listing removed 2022-04-26
$900,000
MiamiMLS
Listed 2022-03-17
$900,000
MiamiMLS
Sold 2021-12-10
$850,000
MiamiMLS
Listed 2021-10-09
$899,999
MiamiMLS
Listing removed 2017-05-20
$599,000
MiamiMLS
Listed 2016-09-07
$599,000
MiamiMLS
Sold 2015-06-19
$426,200
Public Record
Sold 2000-06-08
$145,000
Public Record

Net Operating Income: 98671
Operating Expense: 20128

Total Square Feet Living: 3200
Year Built: 1976
Building Area Total: 3200
Construction Materials: Block
Levels: One
Property Age: 48
Roof: Shingle
Levels or Stories: 1
House Style: Fourplex
Year Built Details: Effective Year Built
Architectural Style: Fourplex

Sewer: PublicSewer
CableAvailable
Water Source: Public

Maya Angelou Elementary School is a public elementary school located approximately 0.2 miles away.
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Miami Jackson Senior High School is a public high school located approximately 0.6 miles away.
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Georgia Jones Ayers Middle School is a public middle school located approximately 1.2 miles away.
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Citi Christian Academy is a private elementary, middle and high school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.