Opa Locka, 1020 Opa Locka Blvd Opa-Locka, 33054

$790,000Price
2,054SqFt

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Size: 2,054 ft2 / 191 m2
Price: $385 ft2 / $4,140 m2
Built: 1958
MLS Number: A11644308
On Site: 75 Days
Updated: 33 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
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
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Unit 1020 Opa Locka Blvd – Asking

$385/ft²

(+18%) from Closed Medium $/ft²

Closed Medium $/ft²

$325/ft²
Community $/Price Range (Closed) $131/ft² – $473/ft²
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