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Commercial For sale Multifamily Low/Mid Income

Commercial Property for Sale in Miami Florida 33142

1550 NW 28th St, Miami, Florida 33142

$1,275,000
$98 / sq ft Listed Dec 6, 2024
13,000 sqft
Building
13,000 sqft
Lot
1
Stories
5
Units
Class B
Class

About this property

Commercial Property for Sale in Miami Florida 33142 is a multifamily for sale in Miami, Florida, listed at $1,275,000. Key details: building size 13,000 sqft, lot size 13,000 sqft, stories 1, total units 5. Listed by David Cespedes of Cespedes Realty LLC on LoopingCloud and last updated August 21, 2025.

Covered Land Deal available in the up and coming Allapattah neighborhood. 13,000 Sf of T5-0 Urban Center Transect land with 4 1/1s currently on property. Building has passed 40 year recertification and new electrical has been installed throughout as of only a year ago. Roof is only 6 years old. One water meter but separate electrical meters. Terrazzo and tile floors. Can build on the half of the other lot while collecting income from the units, or collect income while you make plans. Up to 20 units by right with bonuses for WFH and/or affordable units.

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Business Opportunities

LoopingCloud connects you with property buyers, sellers, and agents. Feature your business on residential and commercial listings.

CompanyBusiness typeContactPhone
BAY TITLE COMPANY Title Services ALANA Supraski (305) 692-8886

Property details

Key facts

Building Size
13,000 sqft
Lot Size
13,000 sqft
Stories
1
Total Units
5
Building Class
Class B
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

$98
Price per sq ft

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $1,275,000 - - - -

Features and amenities

Property Other Use Types

  • unimproved Industrial/Mfg/Warehouse, Unimproved Multi Family (5+Units)

Location

About this area - Miami

Population
53,398
Housing units
18,394
Land area
7.5 sq mi
County
Miami Dade

Frequently asked questions

What is the asking price of Commercial Property for Sale in Miami Florida 33142?

Commercial Property for Sale in Miami Florida 33142 is listed at $1,275,000. That works out to about $98 per square foot.

Where is Commercial Property for Sale in Miami Florida 33142 located?

The property is in 1550 NW 28th St, Miami, Florida 33142, Miami Dade County.

What type of property is this?

This is a multifamily for sale in the commercial category.

How big is the property?

The building is 13,000 sqft. The lot is 13,000 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

David Cespedes of Cespedes Realty LLC listed this property. Use the Request Info button to send a message or call (305) 603-7739.

When was this listing published?

It was published on December 6, 2024 and last updated on August 21, 2025.

Listing information

Listing ID
CL-Florida-13090
Published
Dec 6, 2024
Last updated
Aug 21, 2025
Views
449
Status
Sold

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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