1020 Opa Locka Blvd
Opa-Locka, FL 33054
2054 sqft | #A11644308
Description
**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.
Property Details
- Lot DescriptionLess Than 1/4 Acre Lot
- SubdivisionOPA LOCKA PL NO 3
- CountyMiami-Dade County
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Property SubtypeQuadruplex
- MLS #A11644308
- MLS #A11644308
- Structure TypeFourplex
- Cost790000
- Square Feet2054
- Year Built1958
- Stories1
Location
Legal
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Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Francisco Campos (#3368417)
Listing Office: Fausto Commercial Realty Consultants Inc (#FAUS01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
