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For sale
  • $1,350,000

    650 NW 28th St, Miami, FL 33127

    8beds
    4baths
    3,204sqft
    : 
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    Quadruplex
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $421/sqft
    $-- HOA

    What's special

    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.
    69 days
    |
    106
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Miguel Fuentes 305-915-3492,

    Fausto Commercial Realty Consultants Inc,

    Mauricio Villasuso 305-340-8901,

    Fausto Commercial Realty Consultants Inc

    Source: MIAMI,MLS#: A12011733MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • None
      Cooling
      • Wall/Window Unit(s)
      Features
      • Stairs
      • Flooring: Terrazzo, Tile
      Interior area
      • Total structure area: 3,204
      • Total interior livable area: 3,204 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      Features
      • Stories: 2
      Lot
      • Features: Less Than 1/4 Acre Lot
      Details
      • Parcel number: 0131250470050
      • Zoning: 7700

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Quadruplex
      Materials
      • Concrete Block Construction, CBS Construction
      • Roof: Shingle
      Condition
      • Year built: 1972

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: Edgewood Sub
      HOA
      • Has HOA: No
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $421/sqft
      • Tax assessed value: $813,620
      • Annual tax amount: $13,567
      • Date on market: 5/1/2026
      • Listing terms: All Cash,Conventional,FHA

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/2/2026Listed for sale$1,350,000+12.7%$421/sqft
        Source: MIAMI #A12011733 Report a problem
        1/28/2026Listing removed$2,300$1/sqft
        Source: Zillow Rentals Report a problem
        12/19/2025Listed for rent$2,300$1/sqft
        Source: Zillow Rentals Report a problem
        3/17/2022Listing removed--
        Source: MIAMI #A11131367 Report a problem
        3/14/2022Price change$1,198,000-0.2%$374/sqft
        Source: MIAMI #A11131367 Report a problem
        12/1/2021Listed for sale$1,200,000+234.3%$375/sqft
        Source: MIAMI #A11131367 Report a problem
        1/26/2006Sold$359,000+10.5%$112/sqft
        Source: Public Record Report a problem
        11/8/2005Sold$325,000$101/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,132 +14.9%$540,292 +10%
        2024$12,303 -15.5%$491,175 -22.5%
        2023$14,552 +41.5%$633,967 +56.2%
        2022$10,283 +9.9%$405,930 +10%
        2021$9,361 +3.3%$369,028 +6.5%
        2020$9,061 +5.2%$346,540 +10%
        2019$8,610 +0.1%$315,037 +10%
        2018$8,601 $286,398 +10%
        2017$8,601 +21.6%$260,362 +10%
        2016$7,073 +5.1%$236,693 +10%
        2015$6,733 +13%$215,176 +10%
        2014$5,956 +4.8%$195,615 +7.8%
        2013$5,681 $181,500 +10%
        2012$5,681 -6.4%$165,000 +10%
        2011$6,067 -15.3%$150,000 -35.7%
        2010$7,163 -7.8%$233,121 -15.1%
        2009$7,773 +9.3%$274,570 +4.7%
        2007$7,113 +12.6%$262,359
        2006$6,316 --
        2005$6,316 +14.2%--
        2004$5,533 +61.4%--
        2003$3,428 +19.6%--
        2002$2,866 --
        2001$2,866 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Allapattah

        Getting around

        87 / 100
        Very Walkable
        56 / 100
        Good Transit
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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