Basics
| Date added Added 1 week ago | Category Income/MultiFamily | Type Commercial Sale | Status Active |
| Lot size, sq ft 71954 sq ft | Year built 1972 | LeaseTerm 1 To 3 Year Lease | ListOfficeName Fausto Commercial Realty Consultants Inc |
| ListAOR Miami Association of REALTORS® | MLS ID A11750110 |
Description
-
Description:
Multi-Family Investment Opportunity – Opa-Locka, Miami
This 48-unit portfolio consists mostly of two-bedroom units, offering higher rental income and stronger returns. With one-bedroom units already selling for $180K per door, this is a competitive investment.
Opa-Locka is experiencing rapid growth and gentrification, making it one of the last affordable investment areas in Miami. Section 8 now pays above market rents, creating a strong cash-flow opportunity.
Total Building Size: 47,116 SqFt | Total Lot Size: 71,954 SqFt
2301 Atlantic Ave (24 Units)
24 x 2Bed/1Bath | Building Size: 24,180 SqFt Lot Size: 32,100 SqFt
13240 Port Said Rd (24 Units)
22 x 2Bed/1Bath 2 x 1Bed/1Bath | Building Size: 22,936 SqFt Lot Size: 39,852 SqFt
Cap Rate: 5.69% Pro-Forma: 8.55% Price per Door: $180K
Location
- CountyOrParish: Miami-Dade County
Building Details
- Cooling features: Central Building A/C
- ParkingTotal: 100
- NewConstructionYN: No
- Exterior material: CBS Construction, Concrete Block Construction
- Heating: Central Electric
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11750110
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: Yes
- PoolPrivateYN: No
- FireplaceYN: No
