Exceptional value-add multifamily investment opportunity in the heart of Miamis rapidly evolving Allapattah submarket. This 1-acre property currently consists of 24 apartment units, offering immediate income potential while providing significant long-term redevelopment upside.The property presents a rare opportunity to acquire a large infill site in one of Miamis most active growth corridors. Existing rental income can help offset carrying costs while a new owner evaluates redevelopment, reposit...Exceptional value-add multifamily investment opportunity in the heart of Miamis rapidly evolving Allapattah submarket. This 1-acre property currently consists of 24 apartment units, offering immediate income potential while providing significant long-term redevelopment upside.The property presents a rare opportunity to acquire a large infill site in one of Miamis most active growth corridors. Existing rental income can help offset carrying costs while a new owner evaluates redevelopment, repositioning, renovation, zoning enhancements, density increases, Live Local Act opportunities, or other value-creation strategies. Located within close proximity to major employment, transportation corridors, the Health District, Downtown Miami, Wynwood, and Miami International Airport, the site is well-positioned to benefit from continued neighborhood growth and investment. Property is being offered for sale as-is. Buyers are encouraged to conduct their own due diligence regarding zoning, land use, density, redevelopment potential, and all municipal approvals. Do not disturb tenants. Showings by appointment only!
View MoreCourtesy of
Agency Name: Midtown Realty International
Agent Name: Luis Garcia
Agency Phone: 305-253-5600
Presented by
Agency Title: Illustrated Properties
Agency Phone: (561) 272-4015
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1915 NW 28th St, Miami, FL 33142.
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