Listing Summary
**Investment Opportunity in Opa-Locka, Miami!** Fausto Commercial presents this 4-unit multifamily.
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.
Quick Glance
- Listing ID:
CL-Florida-12325
- Status:
Active
- Year Build:
1958
- Building Size:
2,002 SqFt
- Lot Size:
2,054.00 Acre