Opa-Locka multifamily portfolio with 102 units, mostly two-bedroom units, offering higher returns and strong cash flow. One-bedroom units in the area are selling for $180K per door, making this an excellent investment opportunity. Section 8 rents are now above market rates, ensuring consistent premium rental income. Located in Miami’s growing Opa-Locka neighborhood, this portfolio includes five properties: 2301 Atlantic Ave (24 units) – All two-bedroom units 13240 Port Said Rd (24 units) – 22 two-bedroom, 2 one-bedroom 1219 Sharazad Blvd (38 units) – 24 two-bedroom, 8 one-bedroom, 6 studios 2070 Ali Baba Ave (8 units) – 6 two-bedroom, 2 one-bedroom 1331 Sharazad Blvd (8 units) – 4 one-bedroom, 4 studios Cap rate is 6.5% with a pro-forma of 8.61%.

This listing is courtesy of Francisco Campos at Fausto Commercial Realty Consultants Inc em:Miamicommercialdeals@gmail.com ph:786-805-7408.

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 0821210021270 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 08-1210-002-1270 (0821210021270)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 1331 Sharazad Blvd
City: Opa-locka
State: Florida
Zip Code: 33054-3464 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 3,492
Actual Square Feet: 3,492
Adjusted Square Feet: 3,375
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Lot Size - English*
Lot Size (sf): 6,723
Lot Size (acres): 0.15
  -
Building Size - Metric*
Living Square Meters: 324.42
Actual Square Meters: 324.42
Adjusted Sq M: 313.55
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Lot Size - Metric*
Lot Size (sq m): 625
Lot Size (ha): 0.06
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Zoning & Land Use*
Land Use: 0803 - Multifamily 2-9 Units : Multifamily 3 Or More Units
Zoning: 6600 - Commercial - Liberal
Municipal Zoning: B-2 (Opa-locka)
All Listed | All Properties
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Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 04/14/2022
Amount: $1,060,000
  -
Prior Sale #2* (Second to Last)
Type: Qual by exam of deed
Qual: Q
Date: 12/14/2018
Amount: $765,000
  -
Prior Sale #3* (3rd to Last)
Type: Qual by exam of deed
Qual: U
Date: 09/28/2017
Amount: $416,000
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Taxable Values*
Tax Year: 2023
Land: $201,690
Building: $170,361
Total: $372,051
Assessed: $372,051
County Taxable: $372,051
City Taxable: $372,051
Mill Code: 0800
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Ownership*
Owner 1: Orengo Investments Llc
Mailing Address: 6955 Nw 77 Ave 304
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33166
Mailing Country: USA
  -
Building Information*
Stories: 1
Units: 8
Year Built: 1952
Effective Year Built: 1957
Extra Features 1: Chain-link Fence 4-5 Ft High
  -
Legal Description*
Legal Description Concatenated: PL NO 1 OPA LOCKA PB 25-44 LOT 19 & E6.5FT LOT 20 BLK 7 LOT SIZE 6723 SQUARE FEET OR 18071-1925 0498 1 COC 22473-3488 07 2004 1

*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.