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.

This listing is courtesy of Carlos Miranda at Fausto Commercial Realty Consultants Inc em:cfm@faustocommercial.com ph:305-431-2258.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0821210022370 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 08-1210-002-2370 (0821210022370)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 1241 Sharazad Blvd
City: Opa-locka
State: Florida
Zip Code: 33054-3456 (Listings)
County: Miami-Dade (Listings)
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Building Size - English*
Living Square Feet: 6,780
Actual Square Feet: 6,780
Adjusted Square Feet: 6,572
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Lot Size - English*
Lot Size (sf): 11,900
Lot Size (acres): 0.27
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Building Size - Metric*
Living Square Meters: 629.88
Actual Square Meters: 629.88
Adjusted Sq M: 610.56
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Lot Size - Metric*
Lot Size (sq m): 1,106
Lot Size (ha): 0.11
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Zoning & Land Use*
Land Use: 0303 - Multifamily 10 Units Plus : Multifamily 3 Or More Units
Zoning: 4400 - Multi-family - 3 Story
Municipal Zoning: R-3 (Opa-locka)
All Listed | All Properties
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Prior Sale*
Type: Qual on DOS, multi-parcel sale
Qual: Q
Date: 08/26/2022
Amount: $5,800,000
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Prior Sale #2* (Second to Last)
Type: Qual on DOS, multi-parcel sale
Qual: Q
Date: 05/19/2017
Amount: $2,685,000
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Prior Sale #3* (3rd to Last)
Type: Qual on DOS, multi-parcel sale
Qual: Q
Date: 09/24/2014
Amount: $1,685,000
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Taxable Values*
Tax Year: 2023
Land: $238,000
Building: $712,000
Total: $950,000
Assessed: $950,000
County Taxable: $950,000
City Taxable: $950,000
Mill Code: 0800
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Ownership*
Owner 1: Orengo Investments Llc
Mailing Address: 12727 N Winners Cir
Mailing City: Davie
Mailing State: Fl
Mailing Zip: 33330
Mailing Country: USA
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Building Information*
Stories: 1
Units: 12
Year Built: 1954
Effective Year Built: 1984
Extra Features 1: Chain-link Fence 4-5 Ft High
Extra Features 2: Paving - Asphalt
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Legal Description*
Legal Description Concatenated: 21 52 41 PL NO 1 OPALOCKA PB 25-44 LOTS 15 & 16 BLK 13 LOT SIZE 11900 SQUARE FEET OR 19264-3457 0200 6 (2)

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.