Renovated Quadplex with 8 Parking
3126 NW 28th St Miami, FL 33142
For Sale
$950,000
MULTI_FAMILY - Other - Miami, FL
Property Size2,409 SF
Price / SF$394.35
Days on Market71
Property Features for 3126 NW 28th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Parking
- 8
- Standard status
- Active
- APN
- 30-31-28-006-1440
- Size
- 2,409 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- RIVERSIDE MANOR PB 20-80 LOT 14 BLK 8 73R-6477 LOT SIZE 50.000 X 140 OR 18064-3042 0498 4
- Tax Annual Amount
- 10668
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1966
- Floors in Building
- 1
- Flooring type
- Terrazzo
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
Compass Florida, LLC
(305) 851-2820
Listed By:
Javier Ubeda · License #3358462
(305) 766-1864
Added: May 15
Changed: Jul 18
Last Checked: Jul 24 at 12:06PM
MLS# A12018716
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This quadplex at 3126 NW 28th St, Miami, FL 33142 presents four renovated rental units with a functional unit mix. The configuration includes two 2-bedroom units, one 1-bedroom unit, and one studio, giving an operator multiple layout types within the same property. The building size is listed at 2,409 square feet. A 40/50-year recertification has been completed, with the recertification timeframe noted as 2026, and there are 8 parking spaces available for residents and guests.
Located in Allapattah in Miami-Dade County, the property is positioned for tenants seeking a straightforward, multi-unit setup within an established Miami submarket. The listing also identifies the property as having off-street parking capacity via the 8 spaces, which can help support day-to-day access for multiple households.
For investors or owner-occupants looking for a small residential income asset, the unit mix is the central operational detail: it supports leasing across different household sizes without requiring a separate property platform. With all units described as renovated and the recertification documented for 2026, this is a clean, ready-to-operate quadplex offering established consistency across its four homes.
Located in Allapattah in Miami-Dade County, the property is positioned for tenants seeking a straightforward, multi-unit setup within an established Miami submarket. The listing also identifies the property as having off-street parking capacity via the 8 spaces, which can help support day-to-day access for multiple households.
For investors or owner-occupants looking for a small residential income asset, the unit mix is the central operational detail: it supports leasing across different household sizes without requiring a separate property platform. With all units described as renovated and the recertification documented for 2026, this is a clean, ready-to-operate quadplex offering established consistency across its four homes.
Key Highlights
- 1966 building with block construction and central HVAC with central air
- Four‑unit layout: two 2‑bedroom units, one 1‑bedroom unit, and one studio
- All units renovated; 40/50 recertification completed in 2026
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 |
2,409 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$690.2K
$603.9K – $805.2K
NOI $48,314 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$635.7K
$556.3K – $741.7K
NOI $44,502 @ 7.0% cap · market cap 4.68%
Theoretical Best
Specialty Retail
$1.63M
$1.42M – $1.90M
NOI $113,826 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four renovated units offer a mix of studio and bedroom layouts, supported by 8 parking spaces on-site.
Where is this quadplex located?
The property is located at 3126 NW 28th St Miami, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1966 building with block construction and central HVAC with central air; Four‑unit layout: two 2‑bedroom units, one 1‑bedroom unit, and one studio; All units renovated; 40/50 recertification completed in 2026
