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3160 NW 135th St, Opa-Locka FL 33054

Multi-family For Sale
$1,995,000

BTC: 29.33823529

ETH: 19,950.00000000

60 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Redevelopment and Income Generating Opportunity in Opa-Locka This offering comprises three adjacent lots totaling 20,750 sq. ft. with 150 linear feet of frontage along NW 135th Street and 32nd Avenue in the City of Opa-Locka. One parcel features a 4-unit building with new roof as of 9/2025, currently leased to month-to-month tenants at below-market rents, generating approximately $60,000 in annual gross income. The other two parcels are vacant, providing significant development potential alone or adding the adjacent building's lot. Located within Opa-Locka’s mixed-use corridor, the property benefits from as-of-right zoning that permits up to 71 residential units across 8 stories for market-rate tenancy. The site is within walking distance of the Amazon distribution center and mass transit stops, adding strong appeal for future residents. Preliminary site plans have been prepared for both a 69-unit/80 Parking space development and a smaller 28-unit/30 Parking space project, offering flexibility for investors and developers. the property also qualifies for other commercial and retail zoning applications, creating additional opportunities for mixed-use development. Discussions with city officials have already taken place, and they are enthusiastic about welcoming a strong project to the area. Incentives may be available to support development.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1957
Lot:
No Data
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 08-21-28-006-0070

    • Zoning: 6800

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $5,050

  • Source details

    • MLS ID: A11960255

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Other

    • Water Source: Municipal Water

    • Subdivision Name: NILE GARDENS SEC 2

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Premier Real Estate Sales Inc.