NOT LISTED FOR SALE

1020 Opa-Locka Blvd Opa-Locka, FL 33054

-- Bed
-- Bath
2,054 Sq Ft
1958 Built

Sale Details

Date Sold: October 24, 2024

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

66 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

Frank Campos

Campos Commercial Real Estate LLC License #3368417 Listed on: 08/19/2024

Co-Listed By

Vicente Rodriguez

Fausto Commercial Realty Consultants Inc License #3289280

Last Buyer's Agent

Marco Craig

MCraig Realty, LLC. License #3366305

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,246

Year Built

  • Built in 1958

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Tile Roof

Interior Spaces

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 08-21-21-007-2180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,246

Year Built

Built in 1958

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 305-431-2258
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: OPA LOCKA PL NO 3
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Living Area: 2054
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OPA LOCKA PL NO 3
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 08-21-21-007-2180
  • Zoning: 6800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8246

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
08/19/2024 08/19/24 For Sale $790,000 -- $385 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax 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.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,548 $516,800 $169,500 $347,300
2024 $8,246 $481,661 $169,500 $312,161
2023 $8,246 $158,353 $0 $0
2022 $6,939 $143,958 $0 $0
2021 $6,680 $130,871 $0 $0
2020 $6,161 $278,851 $84,750 $194,101
2019 $4,999 $147,961 $64,975 $82,986
2018 $4,541 $122,886 $50,850 $72,036
2017 $4,167 $89,389 $0 $0
2016 $4,542 $81,263 $0 $0
2015 $4,467 $86,044 $0 $0
2014 $4,667 $99,069 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11644308

MIAMI REALTORS® MLS
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