Opa-Locka, FL 33054 2301 Atlantic Ave
$8,640,000
40 more
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
Beds • 48
Baths • 48
SQFT • 47,116
Home Details
Multi-Family Investment Opportunity – Opa-Locka, Miami
This 48-unit portfolio consists mostly of two-bedroom units, offering higher rental income and stronger returns. With one-bedroom units already selling for $180K per door, this is a competitive investment.
Opa-Locka is experiencing rapid growth and gentrification, making it one of the last affordable investment areas in Miami. Section 8 now pays above market rents, creating a strong 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 Fausto Commercial Realty Consultants Inc;
Interior Features for 2301 Atlantic Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
General for 2301 Atlantic Ave
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityOpa-Locka
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Electric On Property Y/NNo
Garage Y/NNo
Gross Income840960.0
HOANo
HOA Fee$0.0
HeatingCentral, Electric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionRAMEY SUB PB 64-117 LOTS 6 & 7 LOT SIZE 12744 SQ FT OR16057-0300/17825-2320-32 1097 3 COC 23906-2136 10 2005 2
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet71954.0
Lot Size UnitsSquareFeet
MLS Area31
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total48
Occupancy TypeCallAgent
Ok to LeaseThirtySixMonths
PostalCityOpa-Locka
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
SewerOther
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount24889.0
Tenant PaysElectricity
Virtual TourClick here
Year Built1972
Zoning Description0100
Exterior for 2301 Atlantic Ave
Building Area Total47116.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area71954.0
Number of Buildings5
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking100.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Cesar Eduardo Castro Cardenas
Realtor®
