1020 Opa Locka Blvd ,Attached, Quadruplex, Opa Locka Pl No 3 for Sale

1020 Opa Locka Blvd for Sale

Price $790,000.00

• Lot size 2054
• Year Build 1958
• Waterfront
• Zip 33054
• Style Attached
• Parking Description
• Pool Yes
• Status Active

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, 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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11644308 Please contact Vicente Rodriguez to schedule showing. 305-510-6627 send offers to vr@faustocommercial.com copy fc@faustocommercial.com

OPA LOCKA PLAT NO 3 PB 31-14 LOTS 5 & 6 BLK 134 LOT SIZE IRREGULAR OR 10156-0805 0878 4 COC 22313-2276 05 2004 4

Less Than 1/4 Acre Lot

**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.

City:Opa-Locka,Zoning:6800,Heating:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:25.8993663,Cooling Y N:1,Heating Y N:1,List Price:790000,Listing Id:A11644308,Longitude:-80.2473603,Mls Status:Active,Year Built:1958,Living Area:2054,Postal Code:33054,Street Name:Opa Locka Blvd,Coordinates:1:25.8993663,Photos Count:24,Building Name:OPA LOCKA PL NO 3,Days On Market:23,Listing Terms:1:Conventional,2:FHA,3:FHA 203K,Lot Size Units:Square Feet,M I A M I R E_ Area:21,M L S Area Major:Opa Locka Pl No 3,On Market Date:2024-08-19,Parcel Number:08-21-21-007-2180,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:1020,M I A M I R E_ Style:Fourplex,Public Remarks:**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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3972,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:OPA LOCKA PL NO 3,Tax Annual Amount:8246,Unparsed Address:1020 Opa Locka Blvd, Opa-Locka FL 33054,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:2054,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:384.6154,Original List Price:790000,Public Survey Range:21,Documents Available:1:Financial Statement,2:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks:**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.,Listing Contract Date:2024-08-19,Originating System I D:miamire,Public Survey Section:21,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:1020,Tax Legal Description:OPA LOCKA PLAT NO 3 PB 31-14 LOTS 5 & 6 BLK 134 LOT SIZE IRREGULAR OR 10156-0805 0878 4 COC 22313-2276 05 2004 4,Public Survey Township:21,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2002,M I A M I R E_ Internet Remarks:4-unit multifamily in a growing area. Market rents over $1,800, Section 8 up to $1,884. Unique commercial zoning. High growth potential!,Contract Status Change Date:2024-08-19,Internet Address Display Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:384.62,