Published on: Friday, October 4, 2024
Updated on: Friday, October 4, 2024
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About the Lister
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Name: Vicente Rodriguez
Company: Fausto Commercial
Office Phone: 305-431-2258
Cell Phone: 305-510-6627
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1020 Opa Locka Blvd Opa Locka Florida , 33054
1020 Opa Locka Blvd Opa Locka Florida , 33054Fausto Commercial
Listing ID: CL-Florida-12325

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Florida-12325
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1958
Building Size: 2,002.00 SqFt
Lot Size: 2,054.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
**Investment Opportunity in Opa-Locka, Miami!** Fausto Commercial presents this 4-unit multifamily.
Complete Details
Year Build: 1958
Building Size: 2,002 SqFt.
No of Stories: 1
Total Lot Area: 2054 SqFt.
No of Parking: N/A
No of Total Units: 4
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full 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.
Additional Properties
Property Other Use
  • Fourplex
Listing Location
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