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Property Description

Opa-Locka multifamily portfolio with 102 units, mostly two-bedroom units, offering higher returns and strong cash flow. One-bedroom units in the area are selling for $180K per door, making this an excellent investment opportunity.

Section 8 rents are now above market rates, ensuring consistent premium rental income.

Located in Miami’s growing Opa-Locka neighborhood, this portfolio includes five properties:

2301 Atlantic Ave (24 units) – All two-bedroom units
13240 Port Said Rd (24 units) – 22 two-bedroom, 2 one-bedroom
1219 Sharazad Blvd (38 units) – 24 two-bedroom, 8 one-bedroom, 6 studios
2070 Ali Baba Ave (8 units) – 6 two-bedroom, 2 one-bedroom
1331 Sharazad Blvd (8 units) – 4 one-bedroom, 4 studios

Cap rate is 6.5% with a pro-forma of 8.61%.

Features
Central Individual A/c
Central Individual A/c
Public Sanitation
Address Map
FL
Miami-Dade County
Opa-Locka
33054
1331 Sharazad Blvd
0
W81° 45' 17.9''
N25° 54' 20.7''
Additional Info
Fausto Commercial Realty Consultants Inc
Francisco Campos
Cbs Construction
1
1 To 3 Year Lease
3368417
FAUS01
All Cash, Conventional/refinance
Sale
Free Standing
Public
6600
02/22/2025 22:50:21
3289280
$0

1331 Sharazad Blvd, Opa-Locka, Florida 33054

1331 Sharazad Blvd, Opa-Locka, Florida 33054

129,583 Sqft
$18,540,000
Listing ID #A11750314
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11750314
Price : $18,540,000
Year Built : 1952
Lot Area : 129,583 Sqft
Standard Status : Active
Building Area : 77,340 Sqft
MLS Status : Active
Property Type : Income/multifamily
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