Closed

Opa-Locka Residential, 1020 Opa Locka Blvd Opa-Locka, FL 33054

790,000(-16.46% )
$660,000Price
2,054SqFt

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Details

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Status:
Sold
Size: 2,054 ft2 / 191 m2
Price: $321 ft2 / $3,459 m2
Type: Multi Family
Built: 1958
MLS Number: A11644308
On Site: 267 Days
Updated: 119 Days ago
Page Views: 0
**investment opportunity in opa-locka, miami!** fausto commercial presents this 4-unit multifamily property in central miami’s growing opa-locka. Each unit includes one bedroom, one bath, and separate electric and water meters. The property features front and rear entrances, with an option for a rear laundry room. Market rents exceed $1,800, with section 8 paying up to $1,884, delivering a pro forma cap rate over 8%. Located on a quiet stretch of opa-locka blvd, the property also has commercial zoning, allowing for business office use by right. Opa-locka's growth, driven by major developments like the new amazon warehouse, makes this an ideal investment opportunity.

Features

Bedrooms
Bathrooms
Exterior and Lot Features

Price History

10/24/2024

Date

Sold

Event

$660K

Price

-16.46%

Change Rate

$321 ft2 / $3,459 m2

Price Per

08/19/2024

Date

Listed

Event

$790K

Price

$385 ft2 / $4,140 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Francisco CamposFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$200/ft²
$400/ft²
$600/ft²

Unit 1020 Opa Locka Blvd – Asking

$321/ft²

(-8%) from Closed Medium $/ft²

Closed Medium $/ft²

$349/ft²
Community $/Price Range (Closed) $131/ft² – $494/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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