2168 NW 28 Street, Miami, FL 33142
Triplex with one 5-bedroom unit and two 3-bedroom units, featuring impact windows and a 2009 roof.
- Added:
- Feb 5, 2026
- Days on Market:
- 138
- Last Refresh:
- Jun 20 at 7:21 am
Property Features for 2168 NW 28 Street
General Information
- Standard status
- Active
- Size
- 2,822 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1936
Listing agent Lisa Feltrinelli License #3231741
Listing office LoKation (954) 545-5583
Listing date Feb 5, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of LoKation
HighLights
- Triplex built in 1936 with one 5BD/3BA (configured as 4BD/2BA plus studio) and two 3BD/1BA units
- Impact windows installed Dec 2023
- 2009 asphalt shingle/roll‑up roof
- Zoned T4‑R, offering flexibility for higher‑density redevelopment or repositioning
- Projected market rents of $9,900/month ($118,800 annually), with upside through unit upgrades
- Minutes to Miami International Airport with access to I‑95 and SR 836
Overview
The property is centrally located in a Miami submarket near Wynwood and the Miami Design District. Access is described as convenient to major roadways including I-95 and SR 836, with Miami International Airport minutes away.
Zoned T4-R, the site allows for flexibility for higher-density redevelopment or repositioning, depending on the buyer’s operating strategy and plans. With the current unit configuration and the stated projected market rents of $9,900 per month ($118,800 annually), the property is positioned for investors seeking income through both existing operations and potential unit upgrades. Showings are by appointment only, and tenants should not be disturbed.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.4k | $30.60 |
| − Vacancy | −$5.5k | −$1.95 |
| EGI | $80.9k | $28.65 |
| − OpEx | −$24.3k | −$8.60 |
| NOI | $56.6k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.23112
- Latitude
- 25.801622
