$637,000

2425 NW 28th St Miami, FL 33142

Melrose Heights Neighborhood

Estimated payment $4,197/month

Total Views 2,682
7 Beds
4 Baths
1,512 Sq Ft
$421 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Cooling Available
  • South Facing Home
  • No HOA
  • 6 Car Garage
  • 4-minute walk to Melrose Park

About This Home

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!

Listing Agent

Dax Londono

LPT Realty License #3454722

LPT Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,700

Year Built

  • Built in 1947

Lot Details

  • 6,750 Sq Ft Lot
  • South Facing Home
  • Property is zoned 5700

Parking

  • 6 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Flat Tile Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • Vinyl Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Schools

  • Allapattah Elementary And Middle School
  • Miami Jackson High School

Utilities

  • Cooling Available
  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Melrose Heights 2Nd Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-27-016-0840

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,700

Year Built

Built in 1947

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Half Duplex
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: MELROSE HEIGHTS 2ND SEC
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, No Additional Rooms
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: Vinyl
  • Living Area: 1512
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Flat Tile
  • View: None
  • Exterior Features: None
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MELROSE HEIGHTS 2ND SEC
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Allapattah
  • High School: Miami Jackson
  • Middle Or Junior School: Allapattah

Lot Info

  • Parcel Number: 01-31-27-016-0840
  • Lot Size Sq Ft: 6750
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7700

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,176 $356,622 -- --
2023 $7,176 $324,202 $0 $0
2022 $5,242 $233,563 $0 $0
2021 $4,891 $212,330 $135,036 $77,294
2020 $998 $63,517 $0 $0
2019 $989 $62,089 $0 $0
2018 $967 $60,932 $0 $0
2017 $967 $59,679 $0 $0
2016 $977 $58,452 $0 $0
2015 $986 $58,046 $0 $0
2014 $996 $57,586 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 For Sale $637,000 -- $421 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $260,000 C & C Title
Warranty Deed $260,000 C & C Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 Credit Line Revolving
Closed $215,000 Credit Line Revolving
Source: Public Records

Similar Homes in the area

  • 829 NW 113th St, Miami, FL 33168

    $550,000

    • 7 Beds
    • 3 Baths
    • 2,150 Sq Ft
    • 829 NW 113th St
    • Miami, FL

    2,150 SQFT LIVING. TOTAL $6,600 RENTAL INCOME. This home is divided into 3 units, but can EASILY BE converted back to a 1 single-family unit. This home is divided into 3 units, but can EASILY BE converted back to a 1 single-family unit. Currently divided as 3 beds/1 bath (rented at $2400/m), 2 beds/1 bath (rented at 2300/m), and 2 beds/1 bath (rented at 1900/m). The expansive driveway can fit

    Mario Avalos K & A Realty

    Section Image
  • 14822 SW 69th St, Miami, FL 33193

    $685,000

    • 5 Beds
    • 3 Baths
    • 2,366 Sq Ft
    • 14822 SW 69th St
    • Miami, FL

    Once in a lifetime opportunity to renovate to your heart’s delight. This can be an investor’s dream house as the investment of remodeling this home can yield tremendous value. The layout of this home extends extra space, a great room perfect for entertaining and 2,366 sq ft of living space as per appraisal measurements. This home offers a salt-water swimming pool, a true 2 car garage, 2 newer

    Dania Diaz RE/MAX Advance Realty

    Section Image
  • 17705 SW 114th Ct, Miami, FL 33157

    $725,000

    • 5 Beds
    • 3.5 Baths
    • 2,093 Sq Ft
    • 17705 SW 114th Ct
    • Miami, FL

    Beautifully upgraded 4 bed / 2.5 bath main home along with a fully converted 1 bed / 1 bath suite with private outdoor entrance—ideal for extended family or guests. The modern kitchen boasts stainless steel appliances, a wine cooler, and sleek finishes. Smart home features include custom lighting in all bedrooms, a full exterior camera system, solar panels, and an EV charger. Stylish, functional,

    Carlos A. Rojas ReLink Real Estate

    Section Image
  • 3125 NW 24th Ave, Miami, FL 33142

    $675,000

    • 5 Beds
    • 5 Baths
    • 2,844 Sq Ft
    • 3125 NW 24th Ave
    • Miami, FL

    Step into this hidden gem in the vibrant and up-and-coming Allapattah neighborhood! This 5-bedroom, 5-bathroom home is a true standout, nestled on two spacious lots. The expansive backyard is your personal paradise, complete with an outdoor kitchen, a sleek bar, an inviting inground pool, and a generous patio – perfect for creating your dream oasis. Just minutes from MIA Airport, the Design

    Martins Lans Block Capital Realty, LLC.

    Section Image
  • 1877 NW 15th St, Miami, FL 33125

    $509,000

    • 6 Beds
    • 3 Baths
    • 1,096 Sq Ft
    • 1877 NW 15th St
    • Miami, FL

    !!!!Great Location!!! This six-bedroom and three-bathroom home, which includes an additional efficiency unit, offers endless possibilities for potential buyers. Please note that some additions were made without permits. The property is being sold in its current condition, providing a great opportunity for a buyer who wants to personalize it.The listing price reflects the value of the

    Miguel Bonachea Diaz Prestige Properties Internatio

    Section Image
  • 3509 NW 9th Ave, Miami, FL 33127

    $725,000

    • 5 Beds
    • 3 Baths
    • 1,406 Sq Ft
    • 3509 NW 9th Ave
    • Miami, FL

    Location, location, location. Investment opportunity. great piece of land the home on the property was demolished. This is a large empty lot located in upcoming area. calling all investors. Broker and agent are not liable for errors, omissions, or inaccuracies in this listing. All property and HOA details should be verified by buyer and buyer's agent.

    Juvenia Mackensie Jay-Mack Properties Group LLC

    Section Image
  • 3635 NW 12th St, Miami, FL 33125

    $749,750

    • 5 Beds
    • 3 Baths
    • 2,480 Sq Ft
    • 3635 NW 12th St
    • Miami, FL

    Big price reduction. Hurry! Great opportunity to own a 5 bedroom 3 bathroom home with palladium windows. Great for 2 families. Includes 2 kitchens with appliances approx 3 years old. Original 3 bedroom 2 bathroom blt in 1988. Additional 2 bedroom 1 bathroom. Two of the Bathrooms have bidets. Large walk in closets and a huge pantry. Roof 2005. 2 seperate A/C units 2014. Tiled floors throughout. So

    Ann Marie Byers Byers4Homes

    Section Image
  • 601 SE 9th Ave, Hialeah, FL 33010

    $750,000

    • 5 Beds
    • 3 Baths
    • 1,938 Sq Ft
    • 601 SE 9th Ave
    • Hialeah, FL

    This beautifully maintained property features a bright living room, a formal dining area, and a functional kitchen—perfect for everyday living and entertaining. The roof is in excellent condition, fully remodeled in 2021, ensuring long-term peace of mind. Located in a prime central area, this home is just minutes from shopping centers, schools, and major highways. With great potential to convert

    Ricardo Guerra Realty of Miami Inc

    Section Image
  • 428 NW 11th Ave, Miami, FL 33128

    $599,900

    • 5 Beds
    • 4 Baths
    • 1,979 Sq Ft
    • 428 NW 11th Ave
    • Miami, FL

    This is an incredible business opportunity for anyone looking to invest in a prime property. Located within walking distance of the Marling Baseball Stadium, this triplex zoning allows for the potential development of up to 2-9 units, offering both flexibility and substantial future value.The property currently features a spacious home with 5 bedrooms and 4 bathrooms, with three tenants

    Frank Beltre Beltre Realty Services

    Section Image
See All Homes in Miami

Source: MIAMI REALTORS® MLS

MLS Number: A11745787

MIAMI REALTORS® MLS

APN: 01-3127-016-0840

Florida Miami/Dade County Miami 33142 Melrose Heights

2425 NW 28th St, Miami, FL

Homes for Sale in Miami, FL

This home is located at 2425 NW 28th St, Miami, FL 33142 and is currently priced at $637,000, approximately $421 per square foot. This property was built in 1947. 2425 NW 28th St is a home located in Miami-Dade County with nearby schools including Melrose Elementary School, Brownsville Middle School, and Miami Northwestern Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Dax Londono
Listing Agent
Dax Londono
Section Image
LPT Realty
(786) 626-8695