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$614,000
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Property Description
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.
Full Property Details
Full Property Details for 2425 NW 28th St
General
- Price: $614,000
- Taxes: $7,700 (2024)
- Status: Active
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A11965762
- Updated: 2/15/2026
- Added to Site: 13 day(s) ago
Rental Information
- Rent Includes: Electricity, Trash Collection, Water
Interior
- Flooring: Vinyl
Parking
- Total Spaces: 6
Location
- Area: Melrose Heights 2nd Sec
- County: Miami-Dade County
- Subdivision: MELROSE HEIGHTS 2ND SEC
- Building Name: MELROSE HEIGHTS 2ND SEC
Community
- Community Name: Melrose Heights 2nd Sec
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: Concrete Block With Brick
- Roof: Slate
- Stories/Levels: 1
- Building Size: 2487
- Square Feet: 1,512
- Living Area: 1,512 Sq. Ft.
- Year Built: 1947
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $406.08
- Tax Amount: $7,700
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Documents Avail.: Copy Of Lease(S), Rent Rolls, Existing Survey
- 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
- Property ID: 01-31-27-016-0840
Listed by LPT Realty, LLC
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Schools
Schools serving 2425 NW 28th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Melrose Elementary School, Miami, FL 3050 Northwest 35th Street, Miami, FL 33142 | PK-5 | 0.7 mi |
Brownsville Middle School 4899 Northwest 24th Avenue, Miami, FL 33142 | 6-8 | 1.2 mi |
Miami Northwestern Senior High School 1100 Northwest 71st Street, Miami, FL 33150 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2425 NW 28th St
Date
Details
Price
Change
Source
2/13/2026
Listed
$614,000
136.15%
MLS
12/23/2020
Sold
$260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2425 NW 28th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,429
9%
$423,668
11%
2024
$7,700
7%
$383,257
11%
2023
$7,176
47%
$343,792
62%
2021
$4,891
-7%
$212,330
-12%
2022
$5,242
7%
$240,684
279%
2021
$4,891
395%
$63,517
2%
2019
$989
2%
$62,089
2%
2018
$967
—
$60,932
2%
2017
$967
-1%
$59,679
2%
2016
$977
-1%
$58,452
1%
2015
$986
-1%
$58,046
1%
2014
$996
1%
$57,586
1%
2013
$989
—
$56,735
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2425 NW 28th St
2425 NW 28th St, Miami, FL 33142 (MLS# A11965762) is a Triplex property with 0 bedrooms and 0 full bathrooms. 2425 NW 28th St is currently listed for $614,000 and was received on February 13, 2026. Want to learn more about 2425 NW 28th St? Do you have questions about finding other Triplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

