
$2,777,000 USD
Commercial for Sale, 1265 Sharazad Blvd, Opa-Locka, Florida 33054
- MLS#A11805333
Listed By The Alpha Commercial Advisors LLC
The Commercial Property for Sale located at 1265 Sharazad Blvd, Opa-Locka, Florida 33054 is currently for sale. 1265 Sharazad Blvd, Opa-Locka, Florida 33054 is listed for $2,777,000.
Property features
Lot/Land
- Land/Lot size:
1,102 m² (11,858 ft²)
Construction
- Year built: 1965
Description
PRESENTING BEL-AIR APARTMENTS: A PRISTINE, FULLY-RENOVATED AND STABILIZED 14-UNIT MULTIFAMILY ASSET LOCATED IN OPA-LOCKA, FL.
With a balanced mix of efficiently-sized 1BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and Section 8 tenants, this property offers a secure and durable investment perfect for cash-flow motivated buyers.
Step into this high-occupancy operation with minimal acquisition friction from completed 40-year building recertification, well-maintained grounds, and proven management model ripe for continued appreciation as the area remains a critical employment and transportation hub for the entire region.
INVESTMENT HIGHLIGHTS
Ideal unit mix with (6) 2BR-1BA units and (8) 1BR-1BA units
Varied income profile with majority Section 8 annual tenancies
flexible market-rate tenancies (highly subsidized) in addition to flexible market-rate tenancies.
Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade
40-Year Recertification Completed
All units individually metered for electric
Steady 92–100% occupancy from professional property management
Additional upside available by adding laundry income + upgrading finishes in remaining units
Location
1265 Sharazad Blvd, Opa-Locka, Florida 33054