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Commercial For sale Multifamily Other

Edgewater 12-Unit Income with 36-Story Development Potential

Northeast 28th Street, Wynwood, Miami, Florida 33137

$2,700,000
$291 / sq ft 5.04% cap rate Listed Jun 19, 2026
9,282 sqft
Building
5,550 sqft
Lot
3
Stories
12
Units

About this property

Edgewater 12-Unit Income with 36-Story Development Potential is a multifamily for sale in Miami, Florida, listed at $2,700,000. Key details: building size 9,282 sqft, lot size 5,550 sqft, stories 3, total units 12. Listed by Vicente Rodriguez of Fausto Commercial on LoopingCloud and last updated June 19, 2026.

12-Unit Multifamily Asset for Sale in Edgewater, Miami – 236 NE 28th St

Key highlights

  • T6-36-O zoning

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Business Opportunities

LoopingCloud connects you with property buyers, sellers, and agents. Feature your business on residential and commercial listings.

CompanyBusiness typeContactPhone
BAY TITLE COMPANY Title Services ALANA Supraski (305) 692-8886

Property details

Key facts

Building Size
9,282 sqft
Lot Size
5,550 sqft
Stories
3
Total Units
12
Property Status
Normal Sale
Building Status
Existing

Pricing details

Net Operating Income
$136,000
Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

5.04%
Cap rate
$136,000
Net operating income
$291
Price per sq ft

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $2,700,000 - - - -

Features and amenities

Property Other Use Types

  • T6-36-O zoning

Highlights

  • prime urban core location near Wynwood, Midtown, and the Design District
  • ideal for both short- and long-term investment strategies

Location

Address as shown by the lister.

Get directions

About this area - Miami

Population
17,638
Housing units
7,625
Land area
2.0 sq mi
County
Miami Dade

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Links

1 link

Additional contacts

2 people to reach

Frequently asked questions

What is the asking price of Edgewater 12-Unit Income with 36-Story Development Potential?

Edgewater 12-Unit Income with 36-Story Development Potential is listed at $2,700,000. That works out to about $291 per square foot. The stated cap rate is 5.04%.

Where is Edgewater 12-Unit Income with 36-Story Development Potential located?

The property is in Northeast 28th Street, Wynwood, Miami, Florida 33137, Miami Dade County.

What type of property is this?

This is a multifamily for sale in the commercial category.

How big is the property?

The building is 9,282 sqft. The lot is 5,550 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Vicente Rodriguez of Fausto Commercial listed this property. Use the Request Info button to send a message or call (305) 431-2258.

When was this listing published?

It was published on June 19, 2026 and last updated on June 19, 2026.

Listing information

Listing ID
CL-Florida-27935
Published
Jun 19, 2026
Last updated
Jun 19, 2026

Report a problem with this listing

Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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