Property Description

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%.

Features
: Central Individual A/c
: Central Individual A/c
: 150
: Public Sanitation
Address Map
FL
Miami-Dade County
Opa-Locka
33054
1331 Sharazad Blvd
0
W81° 45' 17.9''
N25° 54' 20.7''
MLS Addon
: Cbs Construction
1
: Building & Land
: 1 To 3 Year Lease
: All Cash, Conventional/refinance
: Sale
: Free Standing
: Public
6600

Commercial Sale For Sale

1331 Sharazad Blvd, Opa-Locka, Florida 33054

129,583 Sqft
$18,540,000
Listing ID #A11750314
Basic Details
Property Type : Commercial Sale
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11750314
Price : $18,540,000
Year Built : 1952
Lot Area : 129,583 Sqft
Building Area : 77,340 Sqft
Status : Active
Agent info
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