$18,540,000

1331 Sharazad Blvd, Opa-locka, FL 33054

  • 77,340 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon2.97acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $240/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Opa-Locka multifamily portfolio with 102 units, mostly two-bedroom units, offering higher returns and strong cash flow. One-bedroom units in the area are selling for $180K per door, making this an excellent investment opportunity. Section 8 rents are now above market rates, ensuring consistent premium rental income. Located in Miami’s growing Opa-Locka neighborhood, this portfolio includes five properties: 2301 Atlantic Ave (24 units) – All two-bedroom units 13240 Port Said Rd (24 units) – 22 two-bedroom, 2 one-bedroom 1219 Sharazad Blvd (38 units) – 24 two-bedroom, 8 one-bedroom, 6 studios 2070 Ali Baba Ave (8 units) – 6 two-bedroom, 2 one-bedroom 1331 Sharazad Blvd (8 units) – 4 one-bedroom, 4 studios Cap rate is 6.5% with a pro-forma of 8.61%.

Listing Status:
Active
Date Added:
February 21, 2025 at 06:00AM
Listing Office:
Fausto Commercial Realty Consultants Inc : 786-748-7373
Listing Agent:
Francisco Campos : 786-805-7408
MLS ID:
A11750314
  • A/C: Central Individual A/C
  • Heating: Central Individual A/C

This listing courtesy of Francisco Campos, Fausto Commercial Realty Consultants Inc

Location

Schools Nearby

D

Dr. Robert B. Ingram Elementary School

600 Ahmad St, Opa Locka, FL, 33054

Grades PK-5

0.18 miles away

A

Arts Academy of Excellence

780 Fisherman St, Opa Locka, FL, 33054

Grades 6-12

0.46 miles away

A

Arts Academy of Excellence

780 Fisherman St, Opa Locka, FL, 33054

Grades 6-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.