1. Florida
2. Opa-locka
3. 13240 Port Said Rd

13240 Port Said Rd, Opa-locka, FL 33054

• 47,116 sqft

Property Description

Multi-family investment opportunity in Opa-Locka, Miami. 48-unit portfolio consists mostly of two-bedroom units, offering higher rental income and stronger returns. One-bedroom units in the area are already selling for $180K per door, making this a competitive investment. Opa-Locka is undergoing rapid gentrification, one of the last areas in Miami with affordable entry points. Section 8 is now paying above market rents, creating an unmatched 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

Listing Status:

Active

Date Added:

February 21, 2025 at 06:00AM

Listing Office:

Campos Commercial Real Estate LLC : 786-805-7408

Listing Agent:

Francisco Campos : 786-805-7408

MLS ID:

A11750103

Interior

• A/C: Central Building A/CCentral Individual A/C
• Heating: Central Building A/C

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Francisco Campos, Campos Commercial Real Estate LLC