1331 Sharazad Blvd, Opa-Locka, FL

$18,540,000

Previous Next

About 1331 Sharazad Blvd

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 of 1331 Sharazad Blvd

MLS® # A11750314
Price $18,540,000
Bathrooms 0.00
Acres 0.00
Year Built 1952
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address 1331 Sharazad Blvd
Area 31
City Opa-Locka
County Miami-Dade
State FL
Zip Code 33054-3487
HOPA No Hopa

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Central
Cooling Central Air
Fireplace No

Exterior

Construction Block

Listing Details

OfficeFausto Commercial Realty Consultants Inc

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?