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.
For sale
$1,350,000
650 NW 28th St, Miami, FL 33127
8beds
4baths
3,204sqft
Quadruplex
Built in 1972
-- sqft lot
$-- Zestimate®
$421/sqft
$-- HOA
What's special
- 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#: A12011733
Originating 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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2026 | Listed for sale | $1,350,000+12.7%$421/sqft |
Source: | ||
| 1/28/2026 | Listing removed | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/19/2025 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/17/2022 | Listing removed | -- |
Source: | ||
| 3/14/2022 | Price change | $1,198,000-0.2%$374/sqft |
Source: | ||
| 12/1/2021 | Listed for sale | $1,200,000+234.3%$375/sqft |
Source: | ||
| 1/26/2006 | Sold | $359,000+10.5%$112/sqft |
Source: Public Record Report a problem | ||
| 11/8/2005 | Sold | $325,000$101/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $2,866 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Allapattah
Nearby schools
GreatSchools rating
- 3/10Paul Laurence Dunbar K-8 CenterGrades: PK-8Distance: 0.5 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 1.2 mi
- 3/10Georgia Jones Ayers Middle SchoolGrades: 6-8Distance: 1.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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- 33127
- Allapattah
- 650 NW 28th St