1864 28th St ,Detached, Quadruplex, Allapattah Homesites for Sale

1864 28th St for Sale

Price $1,450,000.00

• Lot size 3200
• Year Build 1976
• Waterfront
• Zip 33142
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

PERFECT FOR INVESTORS!!! Multifamily of 5 Units!!! Located in the vibrant Allapattah neighborhood of Miami. The location is excellent, only 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 renovations, 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 rate of 7%. Please do not disturb the tenants.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11523384 Please see the attached performance of the property, to show the property the seller requires an offer and letter of intent.....property is fully rented. Please do not disturb the tenants

ALLAPATTAH HOMESITES PB 6-123 LOT 2 & E1/2 LOT 3 LESS N10FT BLK 1 LOT SIZE 9975 SQUARE FEET OR 19147-0372 06 2000 1

Less Than 1/4 Acre Lot

PERFECT FOR INVESTORS!!! Multifamily of 5 Units!!! Located in the vibrant Allapattah neighborhood of Miami. The location is excellent, only 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 renovations, 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 rate of 7%. Please do not disturb the tenants.

City:Miami,Zoning:3900,Cooling:1:Other,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:25.8017693,Cooling Y N:1,Heating Y N:1,List Price:1450000,Listing Id:A11523384,Longitude:-80.2269308,Mls Status:Active,Year Built:1976,Living Area:3200,Postal Code:33142,Street Name:28th St,Coordinates:1:25.8017693,Photos Count:17,Building Name:ALLAPATTAH HOMESITES,Days On Market:293,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Allapattah Homesites,On Market Date:2024-01-27,Parcel Number:01-31-27-038-0020,Parking Total:7,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:1,Street Number:1864,M I A M I R E_ Style:Fourplex,Public Remarks:PERFECT FOR INVESTORS!!! Multifamily of 5 Units!!! Located in the vibrant Allapattah neighborhood of Miami. The location is excellent, only 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 renovations, 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 rate of 7%. Please do not disturb the tenants.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Fortuna Properties Group Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:6027,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:ALLAPATTAH HOMESITES,Tax Annual Amount:9537,Total Actual Rent:118800,Unparsed Address:1864 NW 28th St, Miami FL 33142,Listing Agreement:Exclusive Right To Sell,Operating Expense:20128,Year Built Details:Effective Year Built,Building Area Total:3200,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:453.125,Original List Price:1499000,Previous List Price:1485000,Public Survey Range:31,I D X Participation Y N:1,Net Operating Income:98671,Number Of Units Total:5,Syndication Remarks:PERFECT FOR INVESTORS!!! Multifamily of 5 Units!!! Located in the vibrant Allapattah neighborhood of Miami. The location is excellent, only 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 renovations, 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 rate of 7%. Please do not disturb the tenants.,Listing Contract Date:2024-01-27,Originating System I D:miamire,Public Survey Section:27,Showing Instructions:Appointment Only,See Broker Remarks,Street Number Numeric:1864,Tax Legal Description:ALLAPATTAH HOMESITES PB 6-123 LOT 2 & E1/2 LOT 3 LESS N10FT BLK 1 LOT SIZE 9975 SQUARE FEET OR 19147-0372 06 2000 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:3120,M I A M I R E_ Internet Remarks:PERFECT FOR INVESTORS!!! Multifamily of 5 Units!!! Located in Allapattah neighborhood of Miami. The location is excellent, CAP rate of 7%.,Contract Status Change Date:2024-01-27,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:453.13,Internet Automated Valuation Display Y N:1,