Listed by Porosoff Group
$950,000
3126 NW 28th St
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,409
Net Rentable (SqFt) 2,409
Units 4
Cap Rate 5.10%
Occupancy 100%
Price per SqFt $394
Class C
Year Built 1966
Lot Size (SqFt) 7,000
Zoning RU-3B
Ownership Fee Simple
Compact 4-Unit Asset with Big Potential | 4-Unit Multifamily Opportunity | 3126–3128 NW 28 St
Marketing description
Located at 3126–3128 NW 28th Street, this 4-unit multifamily property offers a compelling investment opportunity in a growing Miami submarket. Situated on a 7,000 SF lot, the single-story building features four residential units totaling approximately 2,409 SF of living area. Zoned under Primary Zone 5100 – Bungalow Courts and designated for multifamily use (2–9 units), the asset presents strong in-place income with potential for future upside through rental optimization or repositioning. Its efficient layout, manageable scale, and favorable zoning make it an attractive option for both seasoned investors and those seeking a stable entry into Miami’s multifamily market.
Investment highlights
- 4-unit multifamily property with efficient, easy-to-manage layout
- Great unit mix of 2 two-bedrooms, 1 one-bedroom and 1 studio
- Situated on a 7,000 SF lot with 2,409 SF of living area
- Zoned 5100 Bungalow Courts allowing multifamily (2–9 units)
- Strong rental upside through repositioning or rent optimization
- Ideal Miami investment for stable cash flow and long-term appreciation
Listing Contacts
Listed by Porosoff Group
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