1331 Sharazad Blvd, Opa-locka, FL 33054
- 77,340 sqft
Multi-Family Home
Built in 1952
2.97acre lot
—— car garage
$240/sqft
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
Dr. Robert B. Ingram Elementary School
600 Ahmad St, Opa Locka, FL, 33054
Grades PK-5
0.18 miles away
Arts Academy of Excellence
780 Fisherman St, Opa Locka, FL, 33054
Grades 6-12
0.46 miles away
Arts Academy of Excellence
780 Fisherman St, Opa Locka, FL, 33054
Grades 6-12
0.46 miles away