1331 Sharazad Blvd, Opa-Locka FL 33054

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:0
- Bathrooms:0
- Full bathrooms:
- 1/2 bathrooms:
- Central Individual A/C
- Central Individual A/C
- Total interior livable area:sqft
Property
- Garage spaces:
- Stories:
- Has private pool:Yes
- Has view:Yes
- Has water view:Yes
- Size:Acres
- Zoning:6600
Construction
- New construction:NoYes
- Year built:1952
Utilities & green energy
- Sewer:Public Sanitation
- Water:Public
Community
Financial & listing details
- Price per square foot:0
- Annual tax amount:
- Date on market:February 21, 2025
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