New - 3 days 2 hrs ago

Melrose Heights, 2425 NW 28th St, Miami, FL 33142

$619,999
Estimate Payment
1,512SqFt

Save

Details

Save

Status:
Active
Size: 1,512 SqFt (140 m2)
Price: $410/SqFt ($4,414/m2)
Type: Multi Family
Built: 1947
MLS Number: A11855146
On Site: 3 Days
Updated: 2 Days ago
Page Views: 0
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!
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Vinyl
        • Year Built: 1947
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-08-07T23:59:57.000-00:00
          Taxes, Fees & More
          • Taxes: 7700

          Price History

          08/07/2025

          Date

          Listed

          Event

          $620K

          Price

          $410 ft2 / $4,414 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Dax Londono • LPT Realty, LLC • Buyer Agency Compensation .

          Instant Comps

          $200/ft²
          $200/ft²
          $400/ft²
          $600/ft²

          Unit 2425 NW 28th St – Asking

          $410/ft²

          (+22%) from Closed Avg. $/ft²

          Closed Avg. $/ft²

          $337/ft²
          Community $/Price Range (Closed) $336/ft² – $409/ft²
          UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
          2433 NW 30th St3/41,842$337SouthNone$620,0009/25/2024
          Unit: 2433 NW 30th St
          Bed/Bath: 3/4Size SqFt: 1,842$/SqFt: $337Exposure: SouthView: NoneSold: $620,000Closed Date: 9/25/2024
          THINKING OF SELLING IN Melrose Heights at Miami?

          Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

          Miami
          Premium Homes & Condos

          Logo

          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

          Company
          Legal
          Social Media

          About Us

          Privacy Policy

          Facebook

          Press Room

          Terms of Use

          Instagram

          Blog

          DMCA Notice

          LinkedIn

          Contact Us

          Accessibility

          Pinterest

          Copyright © 2025 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.