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Multifamily in Opa-Locka, FL 33054Opa-Locka Residential, 1020 Opa Locka Blvd
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Closed
Beds
2,054
SqFt$321
$/SqFtSold - Oct 24, 2024
Premium Multifamily
Built in 1958
Fourplex
**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.
MLS Number: A11644308
On Site: 779 Days
Updated: 41 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: Concrete
- Year Built: 1958
- Year Built Description: Effective Year Built
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-08-19T18:36:58.000-00:00
Taxes, Fees & More
- Taxes: 8246
Apples-to-Apples Comparables
Price History
Current
$660K
High
$790K
Low
$660K
Total Change
-16.5%Date
Event
Price
Change
Price Per
10/24/2024
Sold
$660K
-16.46%$321 ft2
$3,459 m2
08/19/2024
Listed
$790K
$385 ft2
$4,140 m2
10/24/2024
$660K
Event
Sold
Change
-16.46%Price Per
$321 ft2
$3,459 m2
08/19/2024
$790K
Event
Listed
Price Per
$385 ft2
$4,140 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Francisco Campos • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .
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Scores
66
100
66
100
74
100
2
100
32
100
1
100
Community Snapshot
725 - 3,514
SqFt Range
1950
Year Build
1
Total Floors
1293
Total Units
Opa-Locka Premium Premium Homes & Condos
Opa-Locka, FL Nearby Cities
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Opa-Locka, FL Price Range Segments
Entry-Level
Entry-Level1
Mid-Tier
Mid-Tier1
High-End
High-End
Ultra Luxury
Ultra Luxury
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