Multi-Family Investment Opportunity – Opa-Locka, Miami
This 48-unit portfolio consists mostly of two-bedroom units, offering higher rental income and stronger returns. With one-bedroom units already selling for $180K per door, this is a competitive investment.
Opa-Locka is experiencing rapid growth and gentrification, making it one of the last affordable investment areas in Miami. Section 8 now pays above market rents, creating a strong cash-flow opportunity.
Total Building Size: 47,116 SqFt | Total Lot Size: 71,954 SqFt
2301 Atlantic Ave (24 Units)
24 x 2Bed/1Bath | Building Size: 24,180 SqFt Lot Size: 32,100 SqFt
13240 Port Said Rd (24 Units)
22 x 2Bed/1Bath 2 x 1Bed/1Bath | Building Size: 22,936 SqFt Lot Size: 39,852 SqFt
Cap Rate: 5.69% Pro-Forma: 8.55% Price per Door: $180K
Property Description
Features
: Central Electric
: Central Building A/c
: 100
: Other
Address Map
FL
Miami-Dade County
Opa-Locka
33054
2301 Atlantic Ave
0
W81° 45' 41.7''
N25° 53' 56.8''
MLS Addon
: Cbs Construction
1
: Inventory, Leases, Building & Land
: 1 To 3 Year Lease
: All Cash, Conventional/refinance
: Sale
2
: Free Standing
$24,889
: Public
0100
71,954 Sqft
$8,640,000
Listing ID #A11750110
Basic Details
Property Type : Commercial Sale
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11750110
Price : $8,640,000
Year Built : 1972
Lot Area : 71,954 Sqft
Building Area : 47,116 Sqft
Status : Active
