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1331 Sharazad Blvd, Opa-Locka FL 33054

Commercial For Sale
$18,540,000

BTC: 618.00000000

ETH: 9,270.00000000

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

Overview

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%.

Location

Florida • Opa-Locka • 33054 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1952
Lot:
129583 Square Feet
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data
All facts and features

  • Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Lot

    • Lot: 129583 Square Feet

    Other Property Information

    • Parcel Number: 08-21-21-002-1270

    • Zoning: 6600

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A11750314

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Water Source: Public

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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 ©2025-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: Fausto Commercial Realty Consultants Inc