Opa Locka Pl No 3 Fourplex For Sale
1020 Opa Locka Blvd, Opa-Locka, FL 33054

$790,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11644308
  • Virtual Tour: YES
  • List Price: $790,000
  • Living Area: 2054 Ft² / 191 M²
  • Price Per Foot/Meter: $385 / $4,140
  • Taxes:$8,246
  • Year Built:1958
  • Listing Date:August 19, 2024
  • Days On Market:94

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.

Features


  • Floor:Concrete
  • Exterior Feature:

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker