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.
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.
Property Details
Price:
$1,350,000
MLS #:
A12011733
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
EDGEWOOD SUB
Neighborhood:
edgewoodsub
Listed Date:
May 1, 2026
Finished Sq Ft:
3,204
Total Sq Ft:
3,204
Year Built:
1972
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Terrazzo, Tile
Heating
None
Interior Features
Stairs
Exterior
Architectural Style
Other
Construction Materials
Concrete Block Construction, CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
5
Parking Total
5
Roof
Shingle
Stories
2
Financial
Tax Year
2025
Taxes
$13,567
Map
Community
- Address650 NW 28th St Miami FL
- SubdivisionEDGEWOOD SUB
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
Market Summary
Current real estate data for Multi Family in Miami as of May 05, 2026
499
Multi Family Listed
149
Avg DOM
474
Avg $ / SqFt
$1,149,186
Avg List Price
Property Summary
- Located in the EDGEWOOD SUB subdivision, 650 NW 28th St Miami FL is a Multi Family for sale in Miami, FL, 33127. It is listed for $1,350,000
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