1331 Sharazad Blvd

opa-locka, FL 33054

$18,540,000

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    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%.

    lease term

    1 to 3 years

    Details

    77,340 Sq Ft

    2.97 Private Acres Exterior Space

    Commercial

    Built in 1952

    MLS/Listing ID A11750314

    Amenities & Features

    Heating - Central Individual

    Listing Courtesy of FAUSTO COMMERCIAL REALTY CONSULTANTS INC, FRANCISCO CAMPOS - 786-805-7408

    MIAMIRE

    Source of Data: MIAMI ASSOCIATION OF REALTORS

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