Listing Price: $19,500,000

1241 Sharazad Blvd
Opa Locka, FL 33054
Miami-Dade

  • 12 beds
  • 12 baths
  • 6569 sqft
  • 1954 built
  • $2,968 per sqft
  • MULTI-FAMILY DWELLINGS (GENERIC, ANY COMBINATION)

Basic Information

  • Pool :
  • Flooring :
  • Cooling :
  • Heating :
  • Total Parking Spaces :
  • Garage Spaces :
  • Sewer :
  • Stories Total :
  • Construction Materials :
  • Roof :
  • Listing Status : Active

About This Property

  • Public Remarks : Miami Central Multi-Family 103 Unit Portfolio. Total of 11 buildings, of mostly 2 bedroom units, approved and equipped for HUD housing, and all in the municipality of Opa-Locka. All buildings are of later construction, all concrete and solid structures. Due to their use by government programs, the building have been rigorously kept to the absolute highest condition and with no deferred maintenance. Just set it and forget it- and count your monthly coupons. For 2024, rents are to be guaranteed by the government at up to $2,324 for 2 bedrooms units. At proforma rents, before considering 2024’s increments, this portfolio will be generating $1,666,464 Net Operating Income, with 2024 guaranteeing closer to $2M in NOI, and this at asking price an 11% Cap.

Agency

This listing is courtesy of:
  • Agency Name : Fausto Commercial Realty Consultants Inc
  • Agency Phone : 305-431-2258
  • Agency ID : FAUS01
  • MLS ID : A11509916
  • Agent Name : Carlos Miranda
  • Agent Phone : 305-431-2258
  • Agent Email : cfm@faustocommercial.com
  • Listing Terms :
  • Showing Instructions :

Location

1241 SHARAZAD BLVD, OPA LOCKA, FL 33054

  • Address : 1241 SHARAZAD BLVD, OPA LOCKA, FL 33054
  • City : Opa Locka
  • County : Miami-Dade
  • State : FL
  • Country : USA
  • Zip Code : 33054
  • Latitude : 25.90566635
  • Longitude : -80.24650574

Fees & Taxes

  • Tax Billed Amount : $24,206
  • Tax Market Value Year : 2023
  • Association Fee :

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