Opa-locka, FL 33054,13240 Port Said Rd
Opa-locka, FL 33054,13240 Port Said Rd
Opa-locka, FL 33054,13240 Port Said Rd
43
See all 43 photos
$8,640,000
Est. payment /mo
47,116 SqFt
New

13240 Port Said Rd Opa-locka, FL 33054

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
22
Feb
Sun
23
Feb
Mon
24
Feb

UPDATED:

02/22/2025 07:00 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 47,116 sqft

Price per Sqft $183

MLS Listing ID A11750103

HOA Y/N Yes

Year Built 1972

Annual Tax Amount $63,239

Lot Size 0.737 Acres

Property Sub-Type Multi Family

Property 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

State FL

County Miami-dade

Area 31

Interior

Heating Central

Cooling Central Air

Exterior

Total Parking Spaces 100

Private Pool Yes

Building

Story 2

Sewer Other

Level or Stories Two

Others

Tax ID 08-21-28-007-0160

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11750103


Listed by Fausto Commercial Realty Consultants Inc

GET MORE INFORMATION

agent

Marlon Persaud

Agent | License ID: SL3362985

+1(407) 216-1481

Name
Phone*
Message

Go tour this home

13240 Port Said Rd