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$19,500,000
183 Days Online

1241 Sharazad Blvd
Opa-Locka, FL 33054

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
77,218
SqFt
$253
/SqFt
1954
Built
County:
Miami-Dade

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Miami Central Multi-Family 103 Unit Portfolio. Total of 11 buildings, of mostly 2 bedroom units, approved and equipped for HUD housing, and all in the municipality of Opa-Locka. All buildings are of later construction, all concrete and solid structures. Due to their use by government programs, the building have been rigorously kept to the absolute highest condition and with no deferred maintenance. Just set it and forget it- and count your monthly coupons. For 2024, rents are to be guaranteed by the government at up to $2,324 for 2 bedrooms units. At proforma rents, before considering 2024’s increments, this portfolio will be generating $1,666,464 Net Operating Income, with 2024 guaranteeing closer to $2M in NOI, and this at asking price an 11% Cap.

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Listing Snapshot
Price 
$19,500,000
Days Online 
183 Days
Bedrooms 
N/A
Inside Area (SqFt) 
77,218 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
129,581 Acres
Year Built 
1954
MLS® Number 
A11509916
Status 
Active
Property Tax 
$24,206
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoListing first seen online
9 months agoListing updated with changes from the MLS®
General Features
Property Sub Type 
Multi Family
SqFt Total 
77218
Zoning 
4400
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Community Features
MLS Area 
21
Listing courtesy of Fausto Commercial Realty Consultants Inc

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2024, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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