Carlton Rowand
Responds Quickly
Canvas Real Estate
(754) 218-9626
63 Total Sales
1 in Opa-locka
$75,000 Price
1020 Opa-Locka Blvd Opa-Locka, FL 33054
Opa-locka Area
--
Bed
--
Bath
2,054
Sq Ft
1958
Built
Highlights
- No HOA
- Concrete Flooring
- 1-Story Property
- Central Heating
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
Campos Commercial Real Estate LLC License #3368417 Listed on: 08/19/2024
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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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2024
Closed on
Oct 24, 2024
Sold by
Bought by
Seller's Agent
Frank Campos
Campos Commercial Real Estate LLC
Buyer's Agent
Marco Craig
MCraig Realty, LLC.
List Price
$790,000
Sold Price
$660,000
Premium/Discount to List
-$130,000
-16.46%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$484,831
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2024
Sold by
Bought by
Purchase Details
Closed on
Dec 6, 2023
Sold by
Bought by
Purchase Details
Closed on
May 6, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.49%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Opa-Locka, FL
-
Carlton Rowand
-
Daniela Lainville
Daniela Lainville
Complete Realty Group
(786) 767-6341
66 Total Sales
1 in Opa-locka
$325,000 Price
-
Alexander Abigail Peña Castaños
Alexander Abigail Peña Castaños
Prime Agent Group, LLC.
(786) 485-0609
76 Total Sales
3 in Opa-locka
$385K - $520K Price Range
-
Jessalyn Falcon
Jessalyn Falcon
Falcon Empire Realty
(786) 628-9725
62 Total Sales
3 in Opa-locka
$310K - $399K Price Range
-
Tamekia Daniels
Tamekia Daniels
Responds QuicklyKey 2 Know Property Mgmt
(786) 434-9745
20 Total Sales
4 in Opa-locka
$315K - $460K Price Range
-
Joel Freis
Joel Freis
Compass Florida, LLC
(786) 882-8340
192 Total Sales
2 in Opa-locka
$385,000 Price Range
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $660,000 | Title Champs Of Florida | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $495,000 | ||
| Previous Owner | $195,000 | ||
| Previous Owner | $90,000 |
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
-
Frank Campos
F
Seller's Agent in 2024
Frank Campos
Campos Commercial Real Estate LLC
11 Total Sales
-
Vicente Rodriguez
Seller Co-Listing Agent in 2024
Vicente Rodriguez
Fausto Commercial Realty Consultants Inc
(305) 340-8901
32 Total Sales
-
Marco Craig
Buyer's Agent in 2024
Marco Craig
MCraig Realty, LLC.
(305) 609-4190
33 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11644308
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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