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13240 Port Said Rd
$8,640,000
13240 Port Said Rd, Opa Locka, FL 33054
47,116 sqft
Building Size
48
Units
Details:
Highlights:
- Number Of Buildings: 4
- Documents Available: Aerial Photo(S)
- Cooling: Central Building A/C, Central Individual A/C
- Heating: Central Building A/C
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
Gallery
