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$3,950,000
8 bed 4 bath 3,701 sqft

241 28th St, Miami Beach, FL 33140

Neighborhood: Ocean Front
Home For Sale On ZeroDown for 19 days
MLS Status: Active

Major Deal Alert - Faena District Investment Opportunity ! Location, location, location: One block from the beach, this fully renovated 1930’s 2 story 4-plex is up for SALE with current CASH FLOW. The property consists of 4 separate units which each have 2 Bed 1 Bath. Each unit is 880 Sq Ft Living. Fully Furnished and Washer and Dryer. Property upgrades include hurricane impact windows, new plumbing, new electric, Central A/C, Water Heaters laundry room and on-site parking. Commercial zoning, currently operating as a short term rental. You can also do Daily Rentals/AirBnB. Redevelopment play with city ordinances stating a maximum height of 75 feet to add extra floors. 40 year RECERTIFICATION PASSED. Also can be reconfigured as the Ultimate Single Family Beach Home.

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All About The Home

Property Details for 241 28th St

Home Highlights
Price/Sqft :
Parking:
Driveway, Guest, Other
Time on ZeroDown:
19 days
Heating/Cooling:
Central, Central Air
Property Facts
Status
Active
Property Type
Residential, Single Family Residence
Style
Attached,Two Story
Community
Miami Beach
Lot Size
7,684 sq ft.
Year Built
1932
MLS #
A11329958
Virtual Tour
Time On ZeroDown
19 days
Floor Size
3,701 sq ft.
View(s)
Bay, Garden, Ocean
Interior Features

Bedroom Information

# of bedrooms:
8
Bedroom Description:
At Least 1 Ground Level Bedroom

Bathroom Information

# of Baths (Full):
4

Rooms Information

Living Room Features:
Utility Room/Laundry
Appliances:
Dishwasher, Microwave, Other Equipment/Appliances, Refrigerator, Self Cleaning Oven

Heating & Cooling Information

Heating:
Central
Cooling:
Central Air

Laundry Information

Laundry:
Utility Room/Laundry

Interior Information

Flooring:
Wood
Windows:
Blinds, High Impact Windows
Interior Features:
First Floor Entry, Utility Room/Laundry
See 20+ more property details
Listed by: Mina Taskiran
Brokerage: One Sotheby's International Re
MLS#: A11329958
Source: MIAMIRE
Details provided by MIAMIRE and may not match the public record.

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Financials

Market Comparison

Competition is low in Ocean Front, with homes selling 6% below asking price over the last three months. Three years ago, they were selling 17% below asking price.

Built in 1932, this home is among the oldest homes for sale in Miami Beach.

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Is this a good deal?

This Home
$3.95M
Neighborhood Median
$495K

Can I rent this place out?

Avg zipcode price growth/year over last 3 years
4.70%
Home History

Public Facts about 241 28th St

Last sold date
Apr 15, 2020
Last assessed price
$1.04M
Around The Neighborhood

How Are the Schools in Ocean Front?

Miami Beach Avg
B-
Nearby Avg
B-

Can I raise a family in Ocean Front?

Owner occupied
49.34%
Renter occupied
50.65%

What's nearby 241 28th St?

Number of stores nearby
22

What are my public transportation options in Ocean Front?

Transit Score
57
Walk Score
56

Where Can I Charge My Electric Vehicle near 241 28th St?

Number of charging stations nearby
22
Level 3 chargers nearby
0

Recently Sold Homes in Ocean Front

Homes sold this month
21
Median Price per sqft
$463
Quality of Life

Natural Hazards risk in Miami Beach

This home is in flood zone AE which is high risk. Mandatory flood insurance requirements apply to properties in this zone.

Will I Like My Neighbors in Ocean Front?

Average Household Size
2.03
High School or Higher
91.34%

Who provides the best cell coverage in Ocean Front?

Best Cellular Provider
AT&T Mobility
Number of Towers
68

How to buy a home in Miami Beach

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