1020 Opa Locka Blvd
$790,000
Description
1020 Opa Locka Blvd,
Opa Locka,
FL
33054
**Investment Opportunity in Opa-Locka, Miami!**Fausto Commercial presents this 4-unit multifamily property in Central Miamis 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.
Listing By: Fausto Commercial Realty Consultants Inc via Data Source: MIAMI MLS
Price History
date | price | variance | type |
---|
8/19/2024 | $790,000 | - | Listed |
listing agent: Francisco Campos