Opa-locka, FL 33054,1020 Opa Locka Blvd
Opa-locka, FL 33054,1020 Opa Locka Blvd
Opa-locka, FL 33054,1020 Opa Locka Blvd
Opa-locka, FL 33054,1020 Opa Locka Blvd
Opa-locka, FL 33054,1020 Opa Locka Blvd
Opa-locka, FL 33054,1020 Opa Locka Blvd
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$ 790,000
Est. payment | /mo

2,054 SqFt


$ 790,000
Est. payment | /mo

2,054 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,054 sqft

Price per Sqft $384

Subdivision Opa Locka Pl No 3

MLS Listing ID A11644308

Style Fourplex

Construction Status Effective Year Built

HOA Y/N No

Year Built 1958

Annual Tax Amount $8,246

Tax Year 2023

Property 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.

Location

State FL

County Miami-dade

Community Opa Locka Pl No 3

Area 21

Interior

Heating Central, Electric

Cooling Wall/Window Unit(s)

Flooring Concrete

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat,Tile

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 08-21-21-007-2180

Acceptable Financing Cash, Conventional, FHA 203(k), FHA

Listing Terms Cash, Conventional, FHA 203(k), FHA

Listed by Fausto Commercial Realty Consultants Inc
agent-avatar

+1(786) 300-1101

kkluxuryrealtor@gmail.com

2139 N University Dr #2061 Coral Springs, FL 33071

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1020 Opa Locka Blvd