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1020 Opa Locka Blvd, Opa-Locka FL 33054

Multi-family For Sale
$790,000

BTC: 8.49462366

ETH: 233.42049668

126 days
0 room(s)
2,054 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

**Investment Opportunity in Opa-Locka, Miami!** Fausto Commercial presents this 4-unit multifamily property in Central Miami’s growing Opa-Locka. Each unit includes one bedroom, one bath, and separate electric and water meters. The property features front and rear entrances, with an option for a rear laundry room. Market rents exceed $1,800, with Section 8 paying up to $1,884, delivering a pro forma cap rate over 8%. Located on a quiet stretch of Opa-Locka Blvd, the property also has commercial zoning, allowing for business office use by right. Opa-Locka's growth, driven by major developments like the new Amazon warehouse, makes this an ideal investment opportunity.

Location

Florida • Opa-Locka • 33054 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1958
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$385
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Concrete

    Heating

    • Central

    • Electric

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 08-21-21-007-2180

    • Zoning: 6800

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $8,246

  • Source details

    • MLS ID: A11644308

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 2054

    • Subdivision Name: OPA LOCKA PL NO 3

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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 ©2024-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