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2425 NW 28th StreetMiami, FL 33142

For Sale

$614,000

Smart Buyer Rebate $6,140

Investment opportunity high cash flow triplex cash only 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 June 04, 2026

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Source: BeachesMLS #A11965762

Listing Facts

  • TypeMulti-family
  • NeighborhoodMelrose
  • Days on Prevu123
  • Taxes$7,700/year
  • Size1,512 sqft
  • Price per sqft$406

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

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

Property Details for 2425 NW 28th Street

Association

General

  • Number Of Units In Community: 3

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Slate
  • Stories Total: 1
  • Year Built: 1947
  • Construction Materials: Block

Measurements

  • Building Area Total: 2,487

Financial

Residential Income

  • Gross Income: $6,900.00

Taxes

  • Parcel Number: 0131270160840
  • Tax Annual Amount: $7,700.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Vinyl

Measurements

  • Living Area: 1,512

Other

Location

  • Subdivision Name: MELROSE HEIGHTS 2ND SEC

Parking

Parking

  • Parking Total: 6

Schools

Elementary School

  • Elementary School: Melrose

High School

  • High School: Miami Northwestern

Middle or Junior School

  • Middle Or Junior School: Brownsville

Utilities

Equipment

  • Cooling: Wall Window Units
  • Has Cooling: Yes
  • Sewer: PublicSewer
  • Utilities: Cable Available

Frequently Asked Questions

How many bedrooms does this multi-family home have?

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

What schools are nearby to 2425 NW 28th Street?

Nearby schools include the Melrose Elementary School, Brownsville Middle School, and Miami Northwestern High School.

Does this multi-family home have parking?

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

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

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

How does 2425 NW 28th Street 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 43 more 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 Street is a -bedroom multi-family home for sale in Miami FL 33142. Listed on Prevu for 123 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. Nearby schools include Melrose Elementary School, Brownsville Middle School, and Miami Northwestern High School. Property amenities include pets allowed and parking. Explore more multi-family home listings in Miami.

Based on information from Beaches MLS 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.