2168 NW 28th St #1-3, Miami, FL 33142
Local realty services provided by:Better Homes and Gardens Real Estate Destinations



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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