1 of 43 - 13240 Port Said Rd, Opa Locka, FL Save the listing
2 of 43 - 13240 Port Said Rd, Opa Locka, FL
3 of 43 - 13240 Port Said Rd, Opa Locka, FL
4 of 43 - 13240 Port Said Rd, Opa Locka, FL
5 of 43 - 13240 Port Said Rd, Opa Locka, FL
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13240 Port Said Rd, Opa Locka, FL

$8,640,000

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About 13240 Port Said Rd

Multi-family investment opportunity in Opa-Locka, Miami. 48-unit portfolio consists mostly of two-bedroom units, offering higher rental income and stronger returns. One-bedroom units in the area are already selling for $180K per door, making this a competitive investment. Opa-Locka is undergoing rapid gentrification, one of the last areas in Miami with affordable entry points. Section 8 is now paying above market rents, creating an unmatched 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

Features of 13240 Port Said Rd

MLS® # A11750103
Price $8,640,000
Bathrooms 0.00
Acres 0.00
Year Built 1972
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address 13240 Port Said Rd
Area 31
City Opa Locka
County Miami-Dade
State FL
Zip Code 33054-4980
HOPA No Hopa

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Central
Cooling Central Air
Fireplace No
# of Stories 2
Stories Two

Listing Details

OfficeCampos Commercial Real Estate LLC

Listing Map

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