Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Lot size: 43644, 43644 sq ft
- Year built: 1958
- County: Miami-Dade
- MLS ID: A12042703
Description
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Description:
GEORGE VIZENTHAL SUB PB 66-119 LOTS 4-5-6 LOT SIZE 43644 SQ FT OR 16648-4138/4140 0195 1 Exceptional value-add multifamily investment opportunity in the heart of Miami's 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.
Show all description
The property presents a rare opportunity to acquire a large infill site in one of Miami's 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.
Building Details
- Structure Type: MultiFamily
- Covered Spaces: 0
Miscellaneous
- List Office Name: Midtown Realty International
- Listing Terms: Cash,Conventional
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 1915, 28th St, Miami, FL, 33142 was built in 1958, and is listed at $7,000,000.