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1331 Sharazad Blvd, Opa-Locka FL 33054

1331 Sharazad Blvd, Opa-Locka, FL 33054
$
18540000
Active
Type
Commercial Sale, Income/MultiFamily
Rooms
0
Baths
0
Size
129583 sqft
Price / sqft
$
Built in
Built in
1952
Price / sqft
0
Lot size (acres)
Neighbourhood
Opa-locka
2.21.2025
0
days listed online
Listing updated:
March 14, 2025 3:30 AM
Listed by:
Francisco Campos
Source:
A-Miami Association of REALTORS

What's special

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%.

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms:
    0
  • Bathrooms:
    0
  • Full bathrooms:
  • 1/2 bathrooms:
Heating
  • Central Individual A/C
Cooling
  • 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:
  • 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: 08-21-21-002-1270
  • Zoning:
    6600

Construction

Type & style
  • Home type:
    N/A
  • Property subtype:
    N/A
Materials
  • Roof:
Condition
  • New construction:
    No
    Yes
  • Year built:
    1952

Utilities & green energy

  • Sewer:
    Public Sanitation
  • Water:
    Public

Community

Community
  • Features:
Location
  • Region:
    N/A

Financial & listing details

  • Price per square foot:
    0
  • Annual tax amount:
    $
  • Date on market:
    February 21, 2025
  • Listing terms: All Cash, Conventional/Refinance
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95 Merrick Way
Suite 710
Coral Gables FI 33134
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