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Commercial Income
$8,640,000
2301 Atlantic Ave Opa-Locka, FL

A11750110

65 of 71 for Sale
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  • Listed On:

    Feb 22, 2025
  • Days on Market:

    35
  • Year:

    1972
  • Taxes:

    $24,889 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

2301 Atlantic Ave Opa-Locka, FL Multi-Family Investment Opportunity – Opa-Locka, Miami This 48-unit portfolio consists mostly of two-bedroom units, offering higher rental income and stronger returns. With one-bedroom units already selling for $180K per door, this is a competitive investment. Opa-Locka is experiencing rapid growth and gentrification, making it one of the last affordable investment areas in Miami. Section 8 now pays above market rents, creating a strong cash-flow opportunity. Total Building Size: 47,116 SqFt | Total Lot Size: 71,954 SqFt 2301 Atlantic Ave (24 Units) 24 x 2Bed/1Bath | Building Size: 24,180 SqFt Lot Size: 32,100 SqFt 13240 Port Said Rd (24 Units) 22 x 2Bed/1Bath 2 x 1Bed/1Bath | Building Size: 22,936 SqFt Lot Size: 39,852 SqFt Cap Rate: 5.69% Pro-Forma: 8.55% Price per Door: $180K

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