1020 Opa-locka Boulevard

Opa-Locka, FL 33054

$790,000
Price
Beds
2,054 Sq. Ft.
$385 / Sq. Ft.
2,054
Sq. Ft.
$385
per Sq. Ft.

Description

Investment Opportunity in Opa-Locka, Miami! Fausto Commercial presents this 4-unit multifamily property in Central Miami’s growing Opa-Locka. Each unit includes one bedroom, one bath, and separate electric and water meters. The property features front and rear entrances, with an option for a rear laundry room. Market rents exceed $1,800, with Section 8 paying up to $1,884, delivering a pro forma cap rate over 8%. Located on a quiet stretch of Opa-Locka Blvd, the property also has commercial zoning,...Investment Opportunity in Opa-Locka, Miami! Fausto Commercial presents this 4-unit multifamily property in Central Miami’s growing Opa-Locka. Each unit includes one bedroom, one bath, and separate electric and water meters. The property features front and rear entrances, with an option for a rear laundry room. Market rents exceed $1,800, with Section 8 paying up to $1,884, delivering a pro forma cap rate over 8%. Located on a quiet stretch of Opa-Locka Blvd, the property also has commercial zoning, allowing for business office use by right. Opa-Locka's growth, driven by major developments like the new Amazon warehouse, makes this an ideal investment opportunity.
  1. Listed by Francisco Campos • Fausto Commercial Realty Consultants Inc
  2. Listed by Vicente Rodriguez • Fausto Commercial Realty Consultants Inc

Property Details for 1020 Opa-locka Boulevard

Subdivision
OPA LOCKA PL NO 3
Style
Fourplex
Waterfront
No
Area
21
Auction
No
Total Units
4
Num Stories
1
Sq Ft Total
2054
LISTING UPDATED: 09/11/2024 07:15 PM

Property Details for 1020 Opa-locka Boulevard

StatusActive
MLS #A11644308
Days on Market127
Taxes$8,246 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income
Year Built1958
Lot Size-
CountyMiami-Dade County

Building Information for 1020 Opa-locka Boulevard

Stories-Residences4Year Built1958Building Size-Lot Size-

Property Information for 1020 Opa-locka Boulevard

Location Information
Location Information
  • Parcel Number Free Text: 08-21-21-007-2180
  • Parcel Number MLX: 2180
  • MLS Area: 21
  • Municipal Code: 8
  • Township Range: 21
  • Section: 21
  • Subdivision Number: 7
  • Subdivision Complex Bldg: OPA LOCKA PL NO 3
  • Unit Count: 4
  • Zoning Information: 6800
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Attached
  • Lot Description: Less Than 1/4 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat
  • Cooling Description: Wall/Window Unit Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: None
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects City & County Tax
  • Information Available: Deposit - Last Months Rent, Financial Statement, Rent Rolls

Property History for 1020 Opa-locka Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1020 Opa-locka Boulevard

Taxable ValueLand$169,500Additions$264,048Total$433,548
Tax Record2023$8,246 ($687 / month)
Home Facts
Total Finished SqFt1,985 SqFtAbove Grade Finished SqFt1,985 SqFtStories1Lot Size5,650 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958Zoning6800:COMM,PROCountyMIAMI-DADEAPN08-2121-007-2180

Schools near 1020 Opa-locka Boulevard

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
North Dade Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1020 Opa-locka Boulevard is a multi-family home for sale in Opa-Locka, FL 33054. This property was listed for sale on August 19, 2024 by Fausto Commercial Realty Consultants Inc, it's currently listed at $790,000. It has been on the market for a total of 127 days and was last sold on October 24, 2024. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Dr. Robert B. Ingram/Opa-Locka Elementary School, Air Base K-8 Center for International Education and North Dade Middle School. 1020 Opa-locka Boulevard is a 0-bed, 0-bath, 2,054 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fausto Commercial Realty Consultants Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.