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2425 NW 28th StMiami, FL 33142

For Sale

$614,000

Smart Buyer Rebate $5,350

Investment Opportunity – High Cash Flow Triplex
Exceptional income-producing property offering strong cash flow potential! Originally built as a single-family home and currently configured as a triplex, this fully leased property features three spacious 2-bedroom, 1-bath units, each generating consistent rental income.
This is an ideal opportunity for investors seeking immediate returns and long-term appreciation in a growing market. Property is tenant-occupied, providing instant income from day one.
Buyer to conduct their own due diligence regarding zoning, use, and any existing code matters related to the current configuration.
Whether you're expanding your portfolio or entering the multifamily space, this property offers significant upside potential and solid cash flow performance.

Listed by Dax Londono

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License #3454722

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LPT Realty, LLC

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786-626-8695

Last updated February 15, 2026

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Source: MIAMIRE #A11965762

Listing Facts

  • TypeMulti-family
  • NeighborhoodMelrose
  • Days on Prevu32
  • Taxes$7,700/year
  • Size1,512 sqft
  • Price per sqft$406

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

02/13/2026
Listed by LPT Realty, LLC
$614,000

Property Details for 2425 NW 28th St

Association

General

  • Number Of Units In Community: 3

Exterior

Construction

  • Roof: Slate
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Triplex
  • Year Built: 1947
  • Year Built Details: Effective Year Built
  • Architectural Style: Detached
  • Building Name: MELROSE HEIGHTS 2ND SEC
  • Construction Materials: Concrete Block With Brick

Measurements

  • Building Area Total: 2,487
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-27-016-0840
  • Tax Annual Amount: $7,700.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Vinyl

Measurements

  • Living Area: 1,512
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: MELROSE HEIGHTS 2ND SEC

Parking

Parking

  • Parking Total: 6

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2425 NW 28th St.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 2425 NW 28th St.

What are the annual taxes for 2425 NW 28th St?

Annual taxes for this multi-family home are estimated at $7,700.

How does 2425 NW 28th St compare to other multi-family homes in Melrose?

This multi-family home is listed 39% below the average price for multi-family homes in Melrose and has been on the market for 48 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the MELROSE HEIGHTS 2ND SEC building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,512 sqft.

2425 NW 28th St is a -bedroom multi-family home for sale in Miami FL 33142. Available on Prevu for 32 days at $614,000. This property features 1,512 square feet of living space, located in Melrose. The median listing price for multi-family homes in this area is $675,000. The home offers pets allowed and parking. Explore more multi-family home listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.