2425 Northwest 28th Street Miami, FL 33142
Fully leased triplex with immediate income in a growing market.
Property Features for 2425 Northwest 28th Street
General Information
- Standard status
- Active
- Size
- 1,512 SF
- Property subtype
- Multi-Family Income / Triplex
Building Details
- Year Built
- 1947
Listing office LPT Realty, LLC (877) 366-2213
Listing date Jan 13, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- High cash flow potential due to consistent rental income from three fully leased units.
- Ideal investment opportunity for immediate returns and long‑term appreciation.
- Each unit is spacious with 2 bedrooms and 1 bath.
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 | $46.3k | $30.60 |
| − Vacancy | −$2.9k | −$1.95 |
| EGI | $43.3k | $28.65 |
| − OpEx | −$13.0k | −$8.60 |
| NOI | $30.3k | $20.06 |
