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1728 NW 15th St 3 Unit Apartment Building For Sale Miami, FL 33125
EXECUTIVE SUMMARY
Prime Allapattah–Health District location surrounded by major
residential and institutional growth.
• ±4,932 SF single-story structure on a 12,155 SF lot, offering ample yard and parking area.
• Immediate rental income with the opportunity to add more units for higher cash flow.
• Rare opportunity in an undersupplied corridor, minutes from
• Downtown Miami, SR-836, and Jackson Memorial Hospital. Income-producing asset with value-add potential generating strong cash flow with the option to add more units
• Attractive upside — within walking distance to Miami’s expanding Health District, a major economic engine attracting steady housing demand from medical professionals, researchers, and hospital staff.
• Flexible residential configurations - including long-term rental housing, short-term rentals (per code compliance), or phased redevelopment to capitalize on market growth.
• Large 12,155 SF lot with strong fundamentals — deep footprint, on-site parking, and ample open space for expansion or additional structures (subject to City approval).
• Surrounded by accelerating neighborhood investment — nearby renovations, small multifamily infill, and infrastructure upgrades continue to push rental rates and land values upward.
residential and institutional growth.
• ±4,932 SF single-story structure on a 12,155 SF lot, offering ample yard and parking area.
• Immediate rental income with the opportunity to add more units for higher cash flow.
• Rare opportunity in an undersupplied corridor, minutes from
• Downtown Miami, SR-836, and Jackson Memorial Hospital. Income-producing asset with value-add potential generating strong cash flow with the option to add more units
• Attractive upside — within walking distance to Miami’s expanding Health District, a major economic engine attracting steady housing demand from medical professionals, researchers, and hospital staff.
• Flexible residential configurations - including long-term rental housing, short-term rentals (per code compliance), or phased redevelopment to capitalize on market growth.
• Large 12,155 SF lot with strong fundamentals — deep footprint, on-site parking, and ample open space for expansion or additional structures (subject to City approval).
• Surrounded by accelerating neighborhood investment — nearby renovations, small multifamily infill, and infrastructure upgrades continue to push rental rates and land values upward.
PROPERTY FACTS
| Sale Type | Investment | Building Class | C |
| No. Units | 3 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 4,824 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1983 |
| Zoning | T3-O | ||
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 4,824 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Zoning | T3-O |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Bicycle Storage
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 01-3134-015-0580 | Improvements Assessment | $369,920 |
| Land Assessment | $486,200 | Total Assessment | $856,120 |
PROPERTY TAXES
Parcel Number
01-3134-015-0580
Land Assessment
$486,200
Improvements Assessment
$369,920
Total Assessment
$856,120
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1728 NW 15th St
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