3126 NW 28th St Miami, FL 33142
Four renovated units with rental upside in Allapattah.
Property Features for 3126 NW 28th St
General Information
- Standard status
- Active
- Size
- 2,409 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1966
Listing office Porosoff Group (305) 766-1864
Listing date May 16, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Renovated units with rental upside
- Located in Allapattah
- 4 units (2 x 2‑bedroom, 1 x 1‑bedroom, 1 x studio)
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 | $73.7k | $30.60 |
| − Vacancy | −$4.7k | −$1.95 |
| EGI | $69.0k | $28.65 |
| − OpEx | −$20.7k | −$8.60 |
| NOI | $48.3k | $20.06 |