650 28th Street, Miami, FL 33127

$1,250,000 — Active

Property Features

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PRICE DROP 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.

▼ Price Reduced — originally listed at $1,350,000

Property Details

  • Listing ID: A12011733
  • Status: Active
  • Listing Date: 2026-05-01
  • Property Type: Quadruplex
  • Subdivision: EDGEWOOD SUB
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 3,204
  • Year Built: 1972

Financial

  • List Price: $1,250,000
  • Original List Price: $1,350,000
  • HOA Fee: None
  • Taxes: $13,567/yr

Features & Amenities

  • Cooling: Wall/Window Unit(s)
  • Heating: None, Separate Meters
  • Flooring: Tile, Terrazzo
  • Construction: Block, CBS
  • Roof: Shingle

Courtesy of Fausto Commercial Realty Consultants Inc
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listings updated Nov 10, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.