Description

Investment Opportunity – High Cash Flow Fourplex! This high-income producing fourplex is a fantastic opportunity for investors! Originally a single-family home, it has been converted into a fully rented fourplex, generating strong cash flow. The property features three spacious 2-bedroom, 1-bath units and one cozy 1-bedroom, 1-bath unit. While there are a couple of minor code violations due to the conversion, this property remains a prime investment with great income potential. Perfect for an investor looking to maximize returns in a growing market. Don’t miss out—schedule a showing today!

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 December 12, 2025 at 7:02 am

Property ID A11855146
Price $619,999
Property Size 1512 Square Feet
Year Built 1947
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 2487
BuildingAreaUnits Square Feet
BuildingName MELROSE HEIGHTS 2ND SEC
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2025-08-07
Cooling Wall/Window Unit(s)
DaysOnMarket 56
DocumentsAvailable Rent Rolls
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 All Cash
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Melrose Heights 2nd Sec
MajorChangeTimestamp December 12, 2025 at 05:15am
MajorChangeType Back On Market
MlsStatus Active
ModificationTimestamp December 12, 2025 at 05:15am
NumberOfUnitsInCommunity 0
OnMarketDate 2025-08-07
OriginalEntryTimestamp August 8, 2025 at 03:59am
OriginalListPrice 619999
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-27-016-0840
ParkingTotal 6
PhotosChangeTimestamp August 8, 2025 at 04:02am
PhotosCount 15
PostalCodePlus4 6544
PriceChangeTimestamp August 8, 2025 at 03:46am
PublicSurveyRange 31
PublicSurveySection 27
PublicSurveyTownship 31
RentIncludes Electricity, Trash Collection, Water
Roof Flat Tile
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Appointment Only, Call Listing Agent
SourceSystemKey 419009060
StateOrProvince FL
StatusChangeTimestamp December 12, 2025 at 05:15am
Stories 1
StoriesTotal 1
StreetDirPrefix NW
StreetName 28th St
StreetNumber 2425
StreetNumberNumeric 2425
StructureType Quadruplex, Fourplex
SyndicationRemarks Investment Opportunity – High Cash Flow Fourplex! This high-income producing fourplex is a fantastic opportunity for investors! Originally a single-family home, it has been converted into a fully rented fourplex, generating strong cash flow. The property features three spacious 2-bedroom, 1-bath units and one cozy 1-bedroom, 1-bath unit. While there are a couple of minor code violations due to the conversion, this property remains a prime investment with great income potential. Perfect for an investor looking to maximize returns in a growing market. Don't miss out—schedule a showing today!
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
WaterSource Municipal Water
YearBuiltDetails Effective Year Built
Zoning 5700