Interior
- Bathrooms
- 0
- Flooring
- Concrete
- Cooling
- Central Air
- Heating
- Central
Active · Industrial
$6,800,000
1628 NW 28th St, Miami, FL 33142
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1940
- Lot size
- 26,956 sq ft
- HOA fee
- —
- Annual tax
- $32,148
About this property
OWNER FINANCING AVAILABLE WITH ATTRACTIVE TERMS ( Interest-only with a 5-year balloon). FOR SALE!!! MIAMI/ALLAPATTAH property at a designated Pedestrian-Oriented Zoning Area, by Miami 21. Near “Wynwood Art District”. Perfect for Art Venue business like: Art Galleries; Artists’ Studios; Restaurants; Theater; Cultural Center; Community Center and more. Property has a 12,995 sf building on a 14,040 sf lot; the sale includes an adjacent retail building of 2,993 sf construction on a 12,916 sf lot (PID# 01-3126-020-0010) -2795 NW 17 AVE Miami, FL 33142- where a restaurant and a strip store operates. The two properties together consist of a total of 26,956 sf lot zone T5-O & T6-8-O, sitting across Juan Pablo Duarte Park that offers outdoor recreation and nature preservation.
Property location
Get Directions1628 NW 28th St, Miami, FL 33142
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Facts & features
Exterior & Structure
- Property type
- Industrial
- Year built
- 1940
- Lot size
- 26,956 sq ft
- Roof
- Other, Shingle, Wood Trusses
- Construction
- CBSConcrete Block Structure, Block
Parking
- Covered spaces
- 0
- Parking features
- Other, On Street
HOA, Community & Financials
- Security
- Fenced, Other
- Annual tax
- $32,148
- County
- Miami-Dade
- Days on market
- 655
- MLS listing ID
- A11715563
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$5,221
- Cap rate
- 4.8%
- Net yield
- 4.8%
- Cash-on-cash return
- -3.3%
- Gross yield
- 6.6%
- Mortgage payment
- $32,235/mo
- Down payment
- $1,700,000
- Loan amount
- $5,100,000
- Annual NOI
- $324,172
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.