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2040 N Grant Ave, Opa-Locka FL 33054

Multi-family Recently Sold
$607,000

BTC: 7.42734781

ETH: 246.74796748

Sold on: 2022-01-11
7 days
0 room(s)
3,218 sqft

Overview

An excellent investment opportunity which features a two story fourplex with 6 bedrooms, 4 bathrooms, separate electric meters, air-conditioning units, water meter for each unit. This multi-family property includes a new roof with its warranty, upgrades in several units and washer/dryer hookup in rear of building. This income producing property is centrally located with easy access to the Highways and FL Turnpike. Drive by to see this rare find near the city of Miami Gardens boundary line. Please note, all showings will be held after November 13, 2021.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1992
Lot:
No Data
Heating:
Reverse Cycle Unit
Price/sqft:
$189
Cooling:
Ceiling Fan(s) / Electric / Paddle Fans / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$829,000
$580K – $1.3M
Confidence Low
List vs. estimate
$222K below estimate
List $607,000 · -26.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$188
-58.8% vs. city median $457
Based on
12 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $407K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,394
2020
Parking
4 spaces
All facts and features
  • Flooring

    • Ceramic Floor

    • Other

    Heating

    • Reverse Cycle Unit

    Cooling

    • Ceiling Fan(s)

    • Electric

    • Paddle Fans

    • Wall/Window Unit(s)

    Other interior features

    • Stairs

  • Other Property Information

    • Parcel Number: 08-21-22-003-0220

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Green energy

    • Roof

  • Other financial information

    • Annual tax amount: $7,394

  • Source details

    • MLS ID: A11120624

    Other facts

    • Construction Materials: CBS Construction / Composition Shingle

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

    • Window Features: Complete Panel Shutters/Awnings / Blinds / Other Windows / Verticals

    • Architectural Style: Attached

    • Living Area: 3218

    • Water Source: Municipal Water

    • Subdivision Name: MAGNOLIA SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: K1 Realty Group, LLC