Sold for $695,000

Street View

$695,000

3101 NW 28th St, Miami, FL 33142

5beds

5baths

1,709sqft

Triplex

Built in 1938

-- sqft lot

$806,000 Zestimate^®

$407/sqft

$3,056 Estimated rent

Home value

$806,000

$742,000 - $870,000

$3,056/mo

Zestimate^® history

Owner options

List your home for rent

$3,056/mo

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$3,056/mo

Rent Zestimate^®

Refinance and save

$4,834/mo

Est. payment

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$4,834/mo

Est. payment

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What's special

Drain fieldUpdated plumbingUpdated electricalNewer windowsNewer roof

Great Investment opportunity! Corner lot triplex with 2/2, 2 /2, and 2/1. Everything has beee last 5 years: A newer Roof, Updated Electrical, Updated Plumbing, Newer Septic Tank & Drain Field, Newer windows, Newer A/C Wall Units. 2 out of the 3 units are leased and the third is currently owner-occupied. Potential rental income gives a 6.6% CAP RATE!!!!! and potential to get to an 8% CAP. Call us for more information.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5

Heating

Window/Wall

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Features

Flooring: Tile
Windows: Hurricane Shutters

Interior area

Total structure area: 2,209
Total interior livable area: 1,709 sqft

Property

Parking

Total spaces: 6

Features

Stories: 1
Patio & porch: Wrap Around
Fencing: Fenced

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 3031280112750
Zoning: 5100

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Frame, Other
Foundation: Slab
Roof: Shingle

Condition

Year built: 1938

Utilities & green energy

Sewer: Septic Tank
Water: Municipal Water

Community & HOA

Community

Subdivision: Melrose Heights 3rd Addn

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $407/sqft
Tax assessed value: $491,598
Annual tax amount: $3,015
Date on market: 6/23/2023
Listing terms: All Cash,Conventional,FHA

Price history

Date	Event	Price
1/12/2024	Sold	$695,000-7.3%$407/sqft
Source: MIAMI #A11408503 Report a problem
12/12/2023	Pending sale	$750,000$439/sqft
Source: MIAMI #A11408503 Report a problem
11/3/2023	Price change	$750,000-6.1%$439/sqft
Source: MIAMI #A11408503 Report a problem
6/26/2023	Listed for sale	$799,000+28.9%$468/sqft
Source: MIAMI #A11408503 Report a problem
8/1/2022	Listing removed	--
Source: MIAMI #A11163820 Report a problem
7/31/2022	Listed for sale	$620,000$363/sqft
Source: MIAMI #A11163820 Report a problem
6/1/2022	Listing removed	--
Source: MIAMI #A11163820 Report a problem
5/31/2022	Listed for sale	$620,000$363/sqft
Source: MIAMI #A11163820 Report a problem
3/23/2022	Listing removed	--
Source: MIAMI #A11163820 Report a problem
2/28/2022	Listed for sale	$620,000+12.7%$363/sqft
Source: MIAMI #A11163820 Report a problem
4/10/2021	Listing removed	--
Source: Keller Williams Report a problem
3/11/2021	Listed for sale	$550,000+10%$322/sqft
Source: Keller Williams #A11011165 Report a problem
10/3/2020	Listing removed	$500,000$293/sqft
Source: Keller Williams Realty Premier Properties #A10849060 Report a problem
9/16/2020	Price change	$500,000-4.8%$293/sqft
Source: Keller Williams Realty Premier #A10849060 Report a problem
8/13/2020	Price change	$525,000-12.5%$307/sqft
Source: Keller Williams Realty Premier #A10849060 Report a problem
5/29/2020	Price change	$599,999-4%$351/sqft
Source: Keller Williams Realty Premier #A10849060 Report a problem
4/23/2020	Listed for sale	$625,000$366/sqft
Source: Keller Williams Realty Premier #A10849060 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,068 -6.1%	$491,598 +1.2%
2024	$9,659 +107.2%	$485,941 +109.4%
2023	$4,661 +54.6%	$232,117 +133.4%
2022	$3,015 +10.5%	$99,454 +7.4%
2021	$2,728 +16.6%	$92,562 +6.7%
2020	$2,339 +11.8%	$86,750 +6.9%
2019	$2,092 +6.1%	$81,142 +6.6%
2018	$1,972	$76,118 +6.5%
2017	$1,972 +8.2%	$71,446 +6.4%
2016	$1,823 +12.6%	$67,152 +5.6%
2015	$1,619 +10.7%	$63,621 +5.4%
2014	$1,463 -1.2%	$60,362 -8.8%
2013	$1,481	$66,195 +4.3%
2012	$1,481 +19.5%	$63,440 +50.7%
2011	$1,239 -23.1%	$42,094 -42.1%
2010	$1,612 -45.6%	$72,642 -51%
2009	$2,964 -9.9%	$148,325 +15.9%
2007	$3,288 +31.4%	$127,934
2006	$2,503	--
2005	$2,503 +10.5%	--
2004	$2,265 +7.1%	--
2003	$2,116 +16.7%	--
2002	$1,813	--
2001	$1,813	--