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Residential Income
$790,000
1020 Opa Locka Blvd Opa-Locka, FL

A11644308

15 of 458 for Sale
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an agent
  • Listed On:

    Aug 19, 2024
  • Days on Market:

    77
  • Year:

  • Taxes:

    $8,246 per year
  • Floor Description:

    Concrete
  • Occupancy:

  • Zoning:

  • Parking:

1020 Opa Locka Blvd Opa-Locka, FL **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.

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