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13240 Port Said Rd, Opa-Locka FL 33054

13240 Port Said Rd, Opa-Locka, FL 33054
$
8640000
Active
Type
Commercial Sale, Income/MultiFamily
Rooms
0
Baths
0
Size
32100 sqft
Price / sqft
$
Built in
Built in
1972
Price / sqft
0
Lot size (acres)
Neighbourhood
Opa-locka
2.21.2025
0
days listed online
Listing updated:
March 14, 2025 3:27 AM
Listed by:
Francisco Campos
Source:
A-Miami Association of REALTORS

What's special

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

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms:
    0
  • Bathrooms:
    0
  • Full bathrooms:
  • 1/2 bathrooms:
Heating
  • Central Building A/C
Cooling
  • Central Building A/C, Central Individual A/C
Appliances
  • Included:
  • Laundry:
Features
  • Built-in Features:
  • Flooring:
  • Windows:
Interior area
  • Total interior livable area:
    sqft
Video & virtual tour

Property

Parking
  • Parking features:
  • Garage spaces:
Features
  • Stories:
    2
  • Entry location:
  • Exterior features:
  • Has private pool:
    Yes
  • Pool features:
  • Has view:
    Yes
  • View description:
  • Has water view:
    Yes
  • Water view:
Lot
  • Size:
    Acres
Details
  • Parcel number: 08-21-28-007-0160
  • Zoning:
    4400

Construction

Type & style
  • Home type:
    N/A
  • Property subtype:
    N/A
Materials
  • Roof:
Condition
  • New construction:
    No
    Yes
  • Year built:
    1972

Utilities & green energy

  • Sewer:
    Other
  • Water:

Community

Community
  • Features:
Location
  • Region:
    N/A

Financial & listing details

  • Price per square foot:
    0
  • Annual tax amount:
    $63239
  • Date on market:
    February 21, 2025
  • Listing terms:
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95 Merrick Way
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