1331 Sharazad Blvd, Opa-Locka, Florida 33054
1331 Sharazad Blvd, Opa-Locka, Florida 33054
1331 Sharazad Blvd, Opa-Locka, Florida 33054
1331 Sharazad Blvd, Opa-Locka, Florida 33054
1331 Sharazad Blvd, Opa-Locka, Florida 33054

$18,540,000 USD

Commercial for Sale, 1331 Sharazad Blvd, Opa-Locka, Florida 33054

  • MLS#A11750314

Listed By Fausto Commercial Realty Consultants Inc

The Commercial Property for Sale located at 1331 Sharazad Blvd, Opa-Locka, Florida 33054 is currently for sale. 1331 Sharazad Blvd, Opa-Locka, Florida 33054 is listed for $18,540,000.

Date Updated : Apr 8, 2025

Property features

Lot/Land

  • Land/Lot size: 12,039 m² (129,583 ft²)

Construction

  • Year built: 1952

Description

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%.

Location

1331 Sharazad Blvd, Opa-Locka, Florida 33054

1331 Sharazad Blvd, Opa-Locka, Florida 33054