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.

Address

Open on Google Maps

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

Details

Updated on February 16, 2026 at 3:40 am

Property ID A11965762
Price $614,000
Property Size 1512 Square Feet
Year Built 1947
Type Triplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 2487
BuildingAreaUnits Square Feet
BuildingName MELROSE HEIGHTS 2ND SEC
ConstructionMaterials Concrete Block With Brick
ContractStatusChangeDate 2026-02-13
Cooling Wall/Window Unit(s)
DaysOnMarket 2
DocumentsAvailable Copy Of Lease(S), Rent Rolls, Existing Survey
ExpirationDate 2026-08-31
Flooring Vinyl
Heating None
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-626-8695
ListingTerms Cash
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Melrose Heights 2nd Sec
MajorChangeTimestamp February 15, 2026 at 02:03am
MajorChangeType New
MlsStatus Active
ModificationTimestamp February 15, 2026 at 05:00am
NumberOfUnitsInCommunity 3
OnMarketDate 2026-02-13
OriginalEntryTimestamp February 15, 2026 at 02:03am
OriginalListPrice 614000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-27-016-0840
ParkingTotal 6
PhotosChangeTimestamp February 15, 2026 at 02:05am
PhotosCount 18
PostalCodePlus4 6544
PriceChangeTimestamp February 15, 2026 at 01:55am
PublicSurveyRange 31
PublicSurveySection 27
PublicSurveyTownship 31
RentIncludes Electricity, Trash Collection, Water
Roof Slate
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 426835027
StateOrProvince FL
StatusChangeTimestamp February 15, 2026 at 02:03am
Stories 1
StoriesTotal 1
StreetDirPrefix NW
StreetName 28th St
StreetNumber 2425
StreetNumberNumeric 2425
StructureType Triplex
SyndicationRemarks 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.
TaxAnnualAmount 7700
TaxLegalDescription MELROSE HGTS 2ND SEC PB 19-44 LOTS 17 & 18 BLK 14 LOT SIZE 50.000 X 135 OR 14959-295 0391 4
TaxYear 2024
YearBuiltDetails Effective Year Built
Zoning 5700