2168 NW 28th St #1-3, Miami, FL 33142

Local realty services provided by:Better Homes and Gardens Real Estate Destinations
2168 NW 28th St #1-3,Miami, FL 33142
$1,150,000
  • - Beds
  • - Baths
  • 2,822 sq. ft.
  • Multi-family
  • Active
Listed by:khalid bryan
Office:keller williams realty sw
MLS#:A11844939
Source:SEFMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$407.51

About this home

Currently occupied by month-to-month tenants, this fully rented triplex on an 8,050 SF lot generates $10,000/month in actual income ($120,000/year) with market rent potential of $9,900/month ($118,800/year). Unit A is a spacious 5bed/3bath configuration created from the original 4bed/2bath plus a studio; Units B and C each offer 3beds/1bath, with Unit C’s balcony in need of repair. Annual operating expenses are $24,059, resulting in a current NOI of $95,941 and a market NOI of $94,741—cap rates of 8.34% and 8.23% respectively. The 2,822 SF building is zoned T4-R, offering strong returns, value-add potential, and 1031 exchange opportunities in a centrally located Miami neighborhood. This property is 1/3 in a 9-unit package deal. Do not disturb tenants—showings by appointment only.

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Home facts

  • Year built:1936
  • Listing Id #:A11844939
  • Updated:August 15, 2025 at 09:54 PM

Rooms and interior

  • Living area:2,822 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Heating:Central

Structure and exterior

  • Year built:1936
  • Building area:2,822 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$407.51
  • Tax amount:$15,899 (2024)
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