FL > Opa-locka
Opa-locka, FL 33054,1331 Sharazad Blvd
See all 90 photos
Opa-locka, FL 33054,1331 Sharazad Blvd
Opa-locka, FL 33054,1331 Sharazad Blvd
Opa-locka, FL 33054,1331 Sharazad Blvd
Opa-locka, FL 33054,1331 Sharazad Blvd
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
21
Jul
Tue
22
Jul
Wed
23
Jul
Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 18,540,000
Est. payment /mo
Save Virtual Tour
Active

1331 Sharazad Blvd Opa-locka, FL 33054

77,340 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 77,340 sqft

Price per Sqft $239

MLS Listing ID A11750314

HOA Y/N Yes

Year Built 1952

Lot Size 2.975 Acres

Property Sub-Type Multi Family

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%.

Location

State FL

County Miami-dade

Area 31

Interior

Heating Central

Cooling Central Air

Exterior

Total Parking Spaces 150

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 08-21-21-002-1270

Ownership Partnership

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11750314

Listed by Fausto Commercial Realty Consultants Inc
agent

Alex Mendel

Agent

+1(561) 827-8449

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Mendel Group | Keller Williams Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

1331 Sharazad Blvd

QUICK SEARCH
There are 51 quick searches