13240 Port Said Rd, Opa-Locka, Florida 33054
MLS#: A11750103
$8,640,000 USD
Listed By Campos Commercial Real Estate LLC
The Commercial Property for Sale located at Opa-Locka, Florida 33054 is currently for sale. Opa-Locka, Florida 33054 is listed for $8,640,000. This property has Total Parking features. If the property located at Opa-Locka, Florida 33054 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Commercial Properties for Sale in Opa-Locka .
Date Updated : Jul 1, 2025
Property features
Key features
- Total Parking
Construction details
- Year built: 1972
Other features
- Cooling system: Central AC
Description
Multi-family investment opportunity in Opa-Locka, Miami. 48-unit portfolio consists mostly of two-bedroom units, offering higher rental income and stronger returns. One-bedroom units in the area are already selling for $180K per door, making this a competitive investment.
Opa-Locka is undergoing rapid gentrification, one of the last areas in Miami with affordable entry points. Section 8 is now paying above market rents, creating an unmatched cash-flow opportunity.
Total Building Size: 47,116 SqFt Total Lot Size: 71,954 SqFt
2301 Atlantic Ave: 24 Units 24 x 2Bed/1Bath Building Size: 24,180 SqFt Lot Size: 32,100 SqFt
13240 Port Said Rd: 24 Units 22 x 2Bed/1Bath, 2 x 1Bed/1Bath Building Size: 22,936 SqFt | Lot Size: 39,852 SqFt Cap Rate: 5.69% Pro-Forma: 8.55% Price per Door: $180K
Location
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.