$614,000

2425 NW 28th St Miami, FL 33142

Melrose Heights Neighborhood

Estimated payment $4,017/month

Total Views 2,597
-- Bed
-- Bath
1,512 Sq Ft
$406 Price per Sq Ft

Highlights

  • No HOA
  • No Heating
  • 1-Story Property
  • Vinyl Flooring

About This Home

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 Agent

Dax Londono

LPT Realty, LLC License #3454722 Listed on: 02/13/2026

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,700

Year Built

  • Built in 1947

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Slate Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Schools

  • Melrose Elementary School
  • Brownsville Middle School
  • Miami Northwestern High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0131270160840

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Melrose Heights 2Nd Sec Subdivision

Building Details

  • Gross Income $6,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,700

Year Built

Built in 1947

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1947
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl
  • Living Area: 1512.0
  • Stories: 1

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Roof: Slate

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Melrose
  • High School: Miami Northwestern
  • Middle Or Junior School: Brownsville

Lot Info

  • Parcel #: 0131270160840
  • Mobile Dim Units: Feet
  • Zoning: 5700

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7700.0

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 6900.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,700 $392,284
2024 $7,176 $356,622
2023 $7,176 $324,202 $0 $0
2022 $5,242 $233,563 $0 $0
2021 $4,891 $212,330 $135,036 $77,294
2020 $998 $63,517 $0 $0
2019 $989 $62,089 $0 $0
2018 $967 $60,932 $0 $0
2017 $967 $59,679 $0 $0
2016 $977 $58,452 $0 $0
2015 $986 $58,046 $0 $0
2014 $996 $57,586 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2026 02/13/26 For Sale $614,000 -- $406 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $260,000 C & C Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $215,000 Credit Line Revolving
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11965762

BeachesMLS (Greater Fort Lauderdale)

APN: 01-3127-016-0840

Florida Miami/Dade County Miami 33142 Melrose Heights

2425 NW 28th St, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Dax Londono
Listing Agent
Dax Londono
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LPT Realty, LLC
(645) 666-0768
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