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Melrose Heights Multifamily Home for Sale

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    $619,999

    • 1,512 Sq Ft

    2425 NW 28th St, Miami, FL 33142

    Investment Opportunity – High Cash Flow Fourplex! This high-income producing fourplex is a fantastic opportunity for investors! Originally a single-family home, it has been converted into a fully rented fourplex, generating strong cash flow. The property features three spacious 2-bedroom, 1-bath units and one cozy 1-bedroom, 1-bath unit. While there are a couple of minor code violations due to

    Dax Londono LPT Realty, LLC

    2425 NW 28th St, Miami, FL 33142

Why Live in Melrose Heights

Melrose Heights in Miami is a neighborhood along the Miami River corridor, featuring traditional Latin eateries and spacious community parks. The area is known for its ranch-style homes with Spanish design elements, including smooth stucco exteriors and clay roof tiles, often behind white metal fences with ornate designs. Sidewalks line most residential streets, and housing options include duplexes, condos, and apartments, though these are less common. The neighborhood is less than 3 miles from Miami International Airport, which may result in noise and traffic delays. Major thoroughfares like the Airport Expressway and Interstate 95 provide easy access to Downtown Miami, just 4 miles south, and Miami Beach. Public transportation is available via Miami’s Metrobus. Melrose Heights is zoned for Miami-Dade County Schools, with Melrose Elementary offering resources in English, Spanish, and Haitian Creole. Middle and high school students attend Brownsville Middle School and Miami Northwestern Senior High, respectively. The neighborhood is close to various authentic Latin eateries and markets, such as El Palacio de los Jugos and Ricky’s Meats & Deli. For groceries, residents can visit Mario’s Supermarket, Pardo Supermarket, Publix, and Winn-Dixie. Recreational options include Melrose Park, with its playground and basketball court, and Curtis Park, which features a football field, baseball diamond, track, ball courts, and a public pool. Grapeland Heights offers the Grapeland Park Baseball Field for local teams and pick-up games. The neighborhood is also near Little Havana, home to the Calle Ocho Music Festival and other cultural events. Casino Miami, a major entertainment venue, is located within Melrose Heights, potentially affecting traffic and noise levels.

Home Trends in Melrose Heights, FL

Housing Trends

Median Sale Price
$580,000
Median Single Family Sale Price
$470,000
Median Townhouse Sale Price
$615,000
Average Price Per Sq Ft
$367
Number of Homes for Sale
4
Last 12 months Home Sales
13
Months of Supply
3.70
Median List Price
$580,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
1%
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