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2425 NW 28th Street, Miami, FL 33142

$614,000
Property Type: Residential Income Square Footage: 2,487 Status: Active
Current Price: $614,000 List Date: 2/13/2026 Last Modified: 7/09/2026

Overview

Description

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.

Listing Details MLS# A11965762

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Building Area Main
2487
Living Area Main
1512
Adjusted Area Main
1273
Year Built
1947
Parking Total
6
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: Copy Of Lease(s); Existing Survey; Rent Rolls Flooring: Vinyl Construction Materials: Concrete Block - No Stucco Cooling: Wall/Window Unit(s) Heating: None Listing Terms: Cash Possession: Close Of Escrow Roof: Slate Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space

Contract Information

Comp Sale YN
No
Original List Price
614000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
2425
Street Direction Prefix
NW
Street Name
28th
Street Suffix
Street
City Name
Miami
Municipal Code
21
State Or Province
FL
Postal Code
33142
Postal Code +4
6544
Postal Zip
33142
Subdivision Name
MELROSE HEIGHTS 2ND SEC
Area
2310
Elementary School
Melrose
Middle Or Junior School
Brownsville
High School
Miami Northwestern
Parcel Number
0131270160840
Subdivision Number
16
Zoning
5700
Flood Zone
AE

Financial Information

Tax Annual Amount
7700
Tax Year
2024
Tax Legal Description
MELROSE HGTS 2ND SEC PB 19-44 LOTS 17 & 18 BLK 14 LOT SIZE 50.000 X 135 OR 14959-295 0391 4

Status Change Information

Major Change Timestamp
2026-02-13T05:00:00Z
Major Change Type
New Listing
Status Change Date
2026-02-14

More Information

Income and Expenses

Gross Income
6900

Unit 1 Details

Actual Rent
2300
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Actual Rent
2300
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 2 Lease Description

Lease Term
Month To Month

Unit 3 Details

Actual Rent
2300
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 3 Lease Description

Lease Term
Month To Month

Price Calculations

Current Price To SqFt
406.08

Section Details

Parcel Number MLX
0840

Originating Details

Originating System Key
426835027
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Vinyl
Yes

Documents Available

Copy Of Lease(s)
Yes
Existing Survey
Yes
Rent Rolls
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

None
Yes

Construction Materials

Concrete Block - No Stucco
Yes

Listing Terms

Cash
Yes

Roof

Slate
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 3 Parking Features

Parking Space
Yes
IDX
Listing Office: LPT Realty, LLC
Last Updated: July - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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