1331 Sharazad Blvd, Opa-locka, 33054
Listing UP for Sale
1331 Sharazad Blvd, Opa-locka, 33054
Overview
- 129583
- Lot sqft
- 1952
- Year Built
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%.
Address
Open on Google Maps- Address 1331 Sharazad Blvd
- City Opa-locka
- State/county Florida
- Zip/Postal Code 33054
- Area Miami-dade County
Details
Updated on February 22, 2025 at 11:29 pm- Property ID: A11750314
- Price: $18,540,000
- Land Area: 129583 sqft
- Year Built: 1952
- Property Status: Listing UP for Sale
Listing Agent Contact Information
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