FL > Opa-locka
Opa-locka, FL 33054,13240 Port Said Rd
Opa-locka, FL 33054,13240 Port Said Rd
Opa-locka, FL 33054,13240 Port Said Rd
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Found It Team

Found It Team

+1(800) 790-7576
$8,640,000
Est. payment /mo
47,116 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 47,116 sqft

Price per Sqft $183

MLS Listing ID A11750103

HOA Y/N Yes

Year Built 1972

Annual Tax Amount $63,239

Lot Size 0.737 Acres

Property Sub-Type Multi Family

Property Description

Multi-family investment opportunity in Opa-Locka, Miami. 48-unit portfolio consists mostly of two-bedroom units, offering higher rental income and stronger returns. One-bedroom units in the area are already selling for $180K per door, making this a competitive investment.

Opa-Locka is undergoing rapid gentrification, one of the last areas in Miami with affordable entry points. Section 8 is now paying above market rents, creating an unmatched 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

Location

State FL

County Miami-dade

Area 31

Interior

Heating Central

Cooling Central Air

Exterior

Total Parking Spaces 100

Private Pool Yes

Building

Story 2

Sewer Other

Level or Stories Two

Others

Tax ID 08-21-28-007-0160

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11750103

Read Less Info
Miami Association of Realtors (SEFMIAMI MLS)
Listed by Campos Commercial Real Estate LLC

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13240 Port Said Rd

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