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Property photos —
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12011733
$1,250,000

↓ Price reduced $100,000 on Sep 24, 2026

650 NW 28th Street, Miami, FL 33127

Beds
—
Baths
0
Sqft
3,204
Est. payment$8,242/mo
Home type
Quadruplex
Year built
1972
Lot size
—
Price / sqft
$390
HOA
$0/mo
Community
EDGEWOOD SUB

Property description

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.

Listing activity

Days on market
145
Listed
May 1, 2026
MLS listing updated
Sep 24, 2026
Feed last checked
5 minutes ago

Listed by Miguel A Fuentes · Fausto Commercial Realty Consultants Inc

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Terrazzo, Tile

Heating & cooling

Heating
Separate Meters, None
Cooling
Wall/Window Unit(s)
Property

Exterior

Stories
2
Building area
3,204 sqft
Pool
No
Waterfront property
No

Lot

Zoning
7700
Construction

Type & style

Home type
Quadruplex
Structure type
Multi Family
Year built
1972

Materials

Construction
Block, CBS
Roof
Shingle
Utilities & green energy

Utilities

Sewer
Public Sewer
Utilities
Cable Not Available
Community & HOA

Community

Subdivision
EDGEWOOD SUB
MLS area
2310

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33127
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12011733
Possession
Close Of Escrow, Negotiable
Original list price
$1,350,000
Parcel number
0131250470050
Annual property tax
$13,567
Tax year
2025
Tax legal description
EDGEWOOD SUB PB 8-105 LOT 6 LESS N10FT BLK 1 LOT SIZE 50.000 X 105 COC 24182-2065 01 2006 1
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
3204
Construction Materials
Block, CBS
County Or Parish
Miami-Dade
Days On Market
145
Elementary School
Paul Laurence Dunbar K-8
High School
Miami Jackson
List Price
1250000
Listing Contract Date
2026-05-01
Living Area
3204
MLSArea Major
2310
Middle Or Junior School
Georgia Jones-Ayers
Mls Status
Active
On Market Date
2026-05-01
Photos Count
34
Postal Code
33127
Price Change Timestamp
2026-09-24T02:59:48Z
Property Sub Type
Quadruplex
Property Type
Residential Income
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-05-01T04:00:00Z
Stories Total
2
Subdivision Name
EDGEWOOD SUB
Tax Annual Amount
13567
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
May 1, 2026ListedMIAMI REALTORS® MLS$1,350,000$421/sqft
Sep 24, 2026Price reducedMIAMI REALTORS® MLS$1,250,000$390/sqft

Public tax history

YearProperty taxesAssessment
2025$13,567—

Payment calculator

Estimated monthly payment$8,242/moIllustrative estimate, not a loan offer.
Principal & interest
$6,486
Property taxes
$1,131
Insurance
$625
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

EDGEWOOD SUB

Miami · Miami-Dade County · 33127

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Paul Laurence Dunbar K-8Elementary
—
Georgia Jones-AyersMiddle
—
Miami JacksonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Fausto Commercial Realty Consultants Inc. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.