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.
For sale
$614,000
2425 NW 28th St, Miami, FL 33142
6beds
3baths
1,512sqft
Triplex
Built in 1947
-- sqft lot
$-- Zestimate®
$406/sqft
$-- HOA
What's special
- 129 days |
- 283 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Dax Londono PA 786-626-8695,
LPT Realty, LLC
Source: MIAMI,MLS#: A11965762
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- None
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Vinyl
Interior area
- Total structure area: 2,487
- Total interior livable area: 1,512 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131270160840
- Zoning: 5700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Block
- Roof: Slate
Condition
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Melrose Heights 2nd Sec
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $406/sqft
- Tax assessed value: $423,668
- Annual tax amount: $7,700
- Date on market: 2/13/2026
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$2,752/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/15/2026 | Listed for sale | $614,000-1%$406/sqft |
Source:  MIAMI #A11965762 Report a problem | ||
| 12/15/2025 | Listing removed | $619,999$410/sqft |
Source: MIAMI #A11855146 Report a problem | ||
| 12/12/2025 | Listed for sale | $619,999$410/sqft |
Source: MIAMI #A11855146 Report a problem | ||
| 10/2/2025 | Listing removed | $619,999$410/sqft |
Source: MIAMI #A11855146 Report a problem | ||
| 8/8/2025 | Listed for sale | $619,999-2.7%$410/sqft |
Source: MIAMI #A11855146 Report a problem | ||
| 7/22/2025 | Listing removed | $637,000$421/sqft |
Source: MIAMI #A11745787 Report a problem | ||
| 3/4/2025 | Listed for sale | $637,000-0.5%$421/sqft |
Source: MIAMI #A11745787 Report a problem | ||
| 6/27/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/6/2024 | Listed for rent | $2,350$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/15/2024 | Listed for rent | $2,350$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/1/2022 | Listing removed | -- |
Source: MIAMI #A11104820 Report a problem | ||
| 7/16/2022 | Listing removed | $639,900$423/sqft |
Source: MIAMI #A11104820 Report a problem | ||
| 5/3/2022 | Listed for sale | $639,900$423/sqft |
Source: MIAMI #A11104820 Report a problem | ||
| 4/12/2022 | Listing removed | -- |
Source: MIAMI #A11104820 Report a problem | ||
| 12/8/2021 | Price change | $639,900-3%$423/sqft |
Source: MIAMI #A11104820 Report a problem | ||
| 10/1/2021 | Listed for sale | $659,900+153.8%$436/sqft |
Source: MIAMI #A11104820 Report a problem | ||
| 1/19/2021 | Sold | $260,000$172/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,429 +9.5% | $392,284 +10% |
| 2024 | $7,700 +7.3% | $356,622 +10% |
| 2023 | $7,176 +36.9% | $324,202 +38.8% |
| 2022 | $5,242 +7.2% | $233,563 +10% |
| 2021 | $4,891 +390% | $212,330 +234.3% |
| 2020 | $998 +0.9% | $63,517 +2.3% |
| 2019 | $989 +2.3% | $62,089 +1.9% |
| 2018 | $967 | $60,932 +2.1% |
| 2017 | $967 +0% | $59,679 +2.1% |
| 2016 | $967 -2% | $58,452 +0.7% |
| 2015 | $986 -1% | $58,046 +0.8% |
| 2014 | $996 +1.7% | $57,586 +1.5% |
| 2013 | $980 | $56,735 +1.7% |
| 2012 | $980 -9.3% | $55,787 -17.9% |
| 2011 | $1,081 -2.9% | $67,930 +1.5% |
| 2010 | $1,113 +6% | $66,927 +2.7% |
| 2009 | $1,050 -9.6% | $65,168 +72.8% |
| 2007 | $1,160 -6.9% | $37,707 |
| 2006 | $1,247 | -- |
| 2005 | $1,247 +0.4% | -- |
| 2004 | $1,242 +3.8% | -- |
| 2003 | $1,196 +4.4% | -- |
| 2002 | $1,145 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Allapattah
Nearby schools
GreatSchools rating
- 5/10Melrose Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Brownsville Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10Miami Northwestern Senior High SchoolGrades: 9-12Distance: 2.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami
- 33142
- Allapattah
- 2425 NW 28th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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