5 photos$1,100,000list price
Per sq ft$390
0 ba · 2,822 sq ft 2 to 4 units
2168 NW 28 ST, MIAMI, FL 33142
Listing courtesy of LoKation. MLS# F10549298.On the MLS · Listed Oct 31
$1,074,000
1821 NW 33RD ST, MIAMI, FL 33142
0 baths3,042 sq ft2 to 4 unitsBuilt 1925
Updated today, November 3, 2026This home against Melrose
$353 per sq ft, 0% over the Melrose median
216 days on the market
Price cut $225,000 since it was listed at $1,299,000
$11,991 in property taxes (2025)
Melrose today: 33 homes for sale, median list price $750,000.
About this home
Four-unit multifamily investment opportunity in Miami’s Allapattah neighborhood with established in-place income and long-term upside.The property consists of four 1-bedroom / 1-bath units generating $89,940 in annualized rental income, with an in-place NOI of $58,385 and a 5.4% cap rate at the current asking price. Features include separate electric meters, shared on-site laundry, on-site parking, a 2020 roof, 2021 stucco improvements, and completed 2025 recertification. The 8,632 SF lot provides a functional property layout with convenient access to Wynwood, Miami International Airport, Downtown Miami, Brickell, South Beach, and major transportation corridors.A strong opportunity for investors seeking current income with additional operational upside. Seller is seeking a traditional sale with full proceeds at closing. Seller financing will not be considered. Short-term rental income is subject to applicable local regulations.
Zoned schools
Elementary: Maya Angelou Elementary School
Middle: Georgia Jones Ayers Middle School
High: Miami Jackson Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Melrose Park, 0.4 mi
Grocery: Ricky's Meats & Deli, 0.4 mi
Distances from the center of Melrose, MIAMI.
Listing courtesy of All Hud Realty and Management,. MLS# A11944416.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed April 1, 2026.
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