NOT LISTED FOR SALE

1020 Opa Locka Blvd Opa Locka, FL 33054

Opa-locka Area
-- Bed
-- Bath
2,054 Sq Ft
1958 Built

Sale Details

Date Sold: October 24, 2024

Last sale price $660,000 $321 Per Sq Ft

65 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Concrete Flooring

About This Home

As of October 2024

**Investment Opportunity in Opa-Locka, Miami!**Fausto Commercial presents this 4-unit multifamily property in Central Miami’s growing Opa-Locka. Each unit includes one bedroom, one bath, and separate electric and water meters. The property features front and rear entrances, with an option for a rear laundry room. Market rents exceed $1,800, with Section 8 paying up to $1,884, delivering a pro forma cap rate over 8%. Located on a quiet stretch of Opa-Locka Blvd, the property also has commercial zoning, allowing for business office use by right. Opa-Locka's growth, driven by major developments like the new Amazon warehouse, makes this an ideal investment opportunity.

Last Agent to Sell the Property

Francisco Campos

Campos Commercial Real Estate LLC License #3368417 Listed on: 08/20/2024

Co-Listed By

Vicente Rodriguez

Fausto Commercial Realty Consultants Inc License #3289280

Last Buyer's Agent

Marco Craig

MCraig Realty, LLC. License #3366305

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,246

Year Built

  • Built in 1958

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 2,054 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0821210072180

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Opa Locka Pl No 3 Subdivision

Building Details

  • Gross Income $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,246

Year Built

Built in 1958

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1958
  • Structure Type: Multi Family
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete
  • Living Area: 2054.0
  • Stories: 1

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Roof: Flat, Tile

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Separate Meters
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0821210072180
  • Mobile Dim Units: Feet
  • Zoning: 6800

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8246.0

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 2600.0

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $660,000 -16.5% $321 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $790,000 -- $385 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11644308

BeachesMLS (Greater Fort Lauderdale)
Your Personal Tour Guide

Ask me questions while you tour the home.