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1020 Opa Locka BlvdOpa-Locka, FL 33054

For Sale

$790,000

Smart Buyer Rebate $7,900

**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.

Listed by Francisco Campos

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License #3368417

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Fausto Commercial Realty Consultants Inc

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17868057408

Listed by Vicente Rodriguez

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License #3289280

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Fausto Commercial Realty Consultants Inc

Last updated September 11, 2024

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Source: MIAMIRE #A11644308

Listing Facts

  • TypeMulti-family
  • NeighborhoodOpa-Locka
  • Days on Prevu386
  • Taxes$8,246/year
  • Size2,054 sqft
  • Price per sqft$385

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

11/20/2024
Status changed to Active
$790,000
11/20/2024
Status changed to Removed from Feed
$790,000
08/19/2024
Listed by Fausto Commercial Realty Consultants Inc
$790,000

Property Details for 1020 Opa Locka Blvd

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Flat Tile
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Quadruplex, Fourplex
  • Year Built: 1958
  • Year Built Details: Effective Year Built
  • Architectural Style: Attached
  • Building Name: OPA LOCKA PL NO 3

Measurements

  • Building Area Total: 2,054
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 08-21-21-007-2180
  • Tax Annual Amount: $8,246.00
  • Tax Year: 2023

Interior

Features

  • Flooring: Concrete

Measurements

  • Living Area: 2,054
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: OPA LOCKA PL NO 3

Parking

Parking

  • Parking Total: 4

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes
  • Sewer: Public Sewer

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.