Listed by Pinnacle Realty of Florida
$627,000
2425 NW 28TH ST
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,750
Net Rentable (SqFt) 2,248
Units 4
Cap Rate 9.08%
NOI $56,904
Occupancy 100%
Pro-Forma Cap Rate 10.22%
Pro-Forma NOI $64,104
Price per SqFt $93
Class A
Year Built 1947
Year Renovated 2020
Buildings 2
Stories 1
Lot Size (SqFt) 6,750
Investment Type Stabilized
Occupancy Date 01/01/2023
Ground Lease No
Sale Condition For sale by owner
4 Unit | Turnkey
Marketing description
Investment Opportunity – High Cash Flow Fourplex! This high-income producing Fourplex is a fantastic opportunity for investors! Originally a single-family home, it has been converted into a fully rented Fourplex, generating strong cash flow. The property features three spacious 2-bedroom, 1-bath units and one cozy 1-bedroom, 1-bath unit. While there are code violations due to the conversion, this property remains a prime investment with great income potential. Perfect for an investor looking to maximize returns in a growing market. Don't miss out—schedule a showing today!
Listing Contacts
Listed by Pinnacle Realty of Florida
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,904.00
$4,742.00/mo
Valuation Metrics
0
DSCR
9.08%
Cap Rate
9.08%
ROI
Map
Zoning
T3-O ResidentialSingle FamilySuburban Transect Open
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View all 49 uses
View all 49 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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