1027 NW 28 AVE, Miami, FL 33125

Parcel: 0131330230840 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$411,815

Property Details

Beds
5
Baths
3
Living Sqft
2,272
Year Built
1977
Lot Sqft
5,000
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$100non-market transfer
2021-12-06
MARIA ANGELINA FARKASHEATHER R FARKAS
2
N/A
2021-12-21
3
$100non-market transfer
2024-06-14
HEATHER R FARKASMARIA ANGELINA FARKAS
4
N/A
2024-06-20
5
$825,000
2025-12-09
MARIA ANGELINA FARKASRICHARD E GAETHE
6
$825,000
2025-12-29

Tax Assessment History

$411,815
Assessed (2025)
$411,815
Market Value
$411,815
Taxable Value
$8,384
Annual Tax
2024
$368,277
2025
$411,815
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $411,815 $411,815 $411,815 $8,384
2024 $368,277 $368,277 $368,277 $7,498

About 1027 NW 28 AVE, Miami, FL 33125

1027 NW 28 AVE, Miami, FL 33125 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1977 with 2,272 square feet of living space on a 5,000 square foot lot. The property is currently owned by RICHARD E GAETHE, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-12-29 for $825,000. There are 6 recorded sales for this property. The 2025 assessed value is $411,815 with a market value of $411,815.

This breaks down to $235,000 for the land and $176,815 for the building. The assessed value increased 12% from $368,277 in 2024. The median household income in this area is $62,400, and the median home value is $362,600.

The population density is 11,044 people per square mile. There are active mortgage liens totaling $615,682 recorded against this property. 1027 NW 28 AVE, Miami, FL 33125 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2021 to 2025, with 6 recorded transactions in the public record. The current assessed value represents 50% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $363 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

RICHARD E GAETHE
10104 SW 23 ST, MIAMI, FL, 33165
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$4,518 — $8,212
Flood $400 — $800
Property/Wind $4,118 — $7,412

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$62,400
Median Home Value$362,600
Pop. Density11,044/sq mi

Neighborhood 33125

39.7%
Owner-Occ
60.3%
Investor
180
Flips (4yr)
6,726
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$618,750
~$615,682 bal.
OCMBC INC · 2025-12-29
Est. Total Balance $615,682
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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