Opa Locka, FL 33054 13240 Port Said Rd
$8,640,000
38 more
Presented By: This listing is courtesy of Campos Commercial Real Estate LLC;
Beds • 48
Baths • 48
SQFT • 47,116
Home Details
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
Presented By: This listing is courtesy of Campos Commercial Real Estate LLC;
Interior Features for 13240 Port Said Rd
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 13240 Port Said Rd
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityOpa Locka
CoolingCentralAir
CountyMiami-Dade
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description28-29 52 41 .75 AC PB 38-56 REV PLAT NILE GARDENS SEC 1 S100FT OF N908.93FT TR 301-B A/K/A LOTS 33-34-35-36 LOT SIZE 32100 SQUARE FEET COC 2
LevelsTwo
Lot Size Square Feet32100.0
Lot Size UnitsSquareFeet
MLS Area31
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total48
Occupancy TypeCallAgent
Ok to LeaseThirtySixMonths
PossessionCloseOfEscrow
PostalCityOpa-Locka
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
SewerOther
Showing Instructions24 Hour Notice, Appointment Only, Call Listing Agent
Standard StatusActive
StatusActive
Stories Count2
Structure TypeApartment
Tax Annual Amount63239.0
Tenant PaysElectricity
Virtual TourClick here
Year Built1972
Zoning Description4400
Exterior for 13240 Port Said Rd
Building Area Total47116.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area32100.0
Number of Buildings4
Private PoolNo
SpaNo
Total Parking100.0
Waterfront Y/NNo
Additional Details
Price History
Gheency Lefont
Realtor®
