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$ 5,000,000
Est. payment | /mo
17,905 SqFt
$ 5,000,000
Est. payment | /mo
17,905 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,905 sqft
Price per Sqft $279
MLS Listing ID A11993267
HOA Y/N No
Year Built 1972
Lot Size 0.740 Acres
Property Sub-Type Multi Family
Property Description
Option 1 (Story-driven):
Exceptional multifamily investment opportunity in the heart of Opa Locka, Miami-Dade County. Fully occupied building featuring all two-bedroom, one-bath units with current rents running below market — offering immediate value-add upside for savvy investors. Strong in-place income with significant rent growth potential as leases turn over. Well-maintained two-story building with ample on-site parking and central HVAC throughout. Zoned multi-family, situated on an oversized lot with excellent visibility and access. Conveniently located near I-95, the Florida Turnpike, and Opa Locka Executive Airport, providing tenants easy access to major employment centers across Miami-Dade. Surrounded by a dense, high-demand rental population with strong occupancy fundamentals in the submarket. Ideal for investors seeking stable cash flow with built-in upside through market rent achievement. Pro forma projections show meaningful NOI growth over a 10-year hold. A rare turnkey asset in a supply-constrained corridor. Call listing agent for full Offering Memorandum and financials.
Exceptional multifamily investment opportunity in the heart of Opa Locka, Miami-Dade County. Fully occupied building featuring all two-bedroom, one-bath units with current rents running below market — offering immediate value-add upside for savvy investors. Strong in-place income with significant rent growth potential as leases turn over. Well-maintained two-story building with ample on-site parking and central HVAC throughout. Zoned multi-family, situated on an oversized lot with excellent visibility and access. Conveniently located near I-95, the Florida Turnpike, and Opa Locka Executive Airport, providing tenants easy access to major employment centers across Miami-Dade. Surrounded by a dense, high-demand rental population with strong occupancy fundamentals in the submarket. Ideal for investors seeking stable cash flow with built-in upside through market rent achievement. Pro forma projections show meaningful NOI growth over a 10-year hold. A rare turnkey asset in a supply-constrained corridor. Call listing agent for full Offering Memorandum and financials.
Location
State FL
County Miami-dade
Area 21
Zoning 4400
Exterior
Private Pool Yes
Building
Structure Type Block
Others
Tax ID 08-21-28-007-0110
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11993267
Listed by Trustpoint Realty, LLC.
NEARBY SCHOOL & BUSINESS
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