FL > Opa-locka
Opa-locka, FL 33054,2301 Atlantic Ave
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Opa-locka, FL 33054,2301 Atlantic Ave
Opa-locka, FL 33054,2301 Atlantic Ave
Opa-locka, FL 33054,2301 Atlantic Ave
Opa-locka, FL 33054,2301 Atlantic Ave
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 8,640,000
Est. payment /mo
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2301 Atlantic Ave Opa-locka, FL 33054

47,116 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 47,116 sqft

Price per Sqft $183

MLS Listing ID A11750110

HOA Y/N Yes

Year Built 1972

Annual Tax Amount $24,889

Lot Size 1.652 Acres

Property Sub-Type Multi Family

Property Description

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

Location

State FL

County Miami-dade

Area 31

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Total Parking Spaces 100

Private Pool Yes

Building

Story 2

Sewer Other

Water Public

Level or Stories Two

Structure Type Block

Others

Tax ID 08-21-22-019-0060

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11750110

Listed by Fausto Commercial Realty Consultants Inc
agent

Alex Mendel

Agent

+1(561) 827-8449

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2301 Atlantic Ave

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