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  • Type
  • Triplex
  • 1512 Sq Ft
  • Area Size
Active Residential Income Active
2425 NW 28th St, Miami FL 33142 | Miami-Dade County | A11965762
  • $614,000

Description

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.

Property Overview

This triplex is located at 2425 NW 28th St in the Melrose Heights 2nd Section, a well-established neighborhood in northwest Miami. Built in 1947 and currently configured as three 2-bedroom, 1-bathroom units, the property is being offered for sale at $614,000. It was originally a single-family home and is now a fully leased investment property, with each unit contributing to a steady income stream. Currently, the property is occupied by tenants, offering the new owner immediate cash flow from day one. The total living area is 1,512 square feet, and the configuration has been adapted to maximize rental potential. This is an attractive option for investors seeking strong returns in a growing real estate market. Buyers are advised to conduct their own due diligence regarding zoning, use, and any existing code matters related to the property’s current setup. The property is being offered on a cash-only basis and is ideal for those looking to expand a real estate portfolio or step into multifamily investment with a proven income-producing asset.

Frequently Asked Questions

What is the current configuration of the property?

The property is currently configured as a triplex with three 2-bedroom, 1-bathroom units.

Is the property currently rented out?

Yes, the property is tenant-occupied and generating consistent rental income.

Is this a cash-only transaction?

Yes, the property is being offered for sale on a cash-only basis.

What is the total square footage of the property?

The total living area of the property is 1,512 square feet.

What year was the building constructed?

The building was originally constructed in 1947.

Address

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  • Address: 28th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33142
  • Area: MELROSE HEIGHTS 2ND SEC

Details

Updated on June 26, 2026 at 1:50 am
  • Property ID A11965762
  • Price $614,000
  • Property Size 1512 Sq Ft
  • Year Built 1947
  • Type Triplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Vinyl
  • Cooling Wall/Window Unit(s)
  • Association Type None
  • Building MELROSE HEIGHTS 2ND SEC
  • Area Melrose Heights 2nd Sec
  • Annual Tax 7700
  • Association No
  • Private Pool No
  • Listing Terms Cash
  • Waterfront No
  • Subdivision MELROSE HEIGHTS 2ND SEC
  • Total Stories 1
  • Heating None
  • Structure Type Triplex
  • Tax Year 2024
  • Construction Concrete Block With Brick
  • Building Area 2487
  • Year Built Details Effective Year Built
  • Flood Zone AE
  • New Construction No
  • Style Triplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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