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2301 Atlantic Ave, Opa-Locka, FL 33054
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$8,640,000
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Home Details for 2301 Atlantic Ave
Price
$8,640,000
Type
Commercial/Industrial
Year Build
1972
County
Miami-Dade
Tax
$24,889
MLS®️ Listing#
A11750110
On exitrealty.com
290 days
Property Description
Multi-Family Investment Opportunity – Opa-Locka, Miami
This 48-unit portfolio consists mostly of two-bedroom units, offering higher rental income and stronger returns. With one-bedroom units already selling for $180K per door, this is a competitive investment.
Opa-Locka is experiencing rapid growth and gentrification, making it one of the last affordable investment areas in Miami. Section 8 now pays above market rents, creating a strong cash-flow opportunity.
Total Building Size: 47,116 SqFt | Total Lot Size: 71,954 SqFt
2301 Atlantic Ave (24 Units)
24 x 2Bed/1Bath | Building Size: 24,180 SqFt Lot Size: 32,100 SqFt
13240 Port Said Rd (24 Units)
22 x 2Bed/1Bath 2 x 1Bed/1Bath | Building Size: 22,936 SqFt Lot Size: 39,852 SqFt
Cap Rate: 5.69% Pro-Forma: 8.55% Price per Door: $180K
- Heating Information
- Central
- Electric
- Cooling Information
- Central Air
- Water Features
- Public
Listing Courtesy: Fausto Commercial Realty Consultants Inc - 786-748-7373
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
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Market statistics compiled from data from Realtor Association of Greater Miami and the Beaches.
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$8,640,000
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EXIT REALTY SYNERGY INTERNATIONAL
6351 NW 99th Avenue, Miami, FL 33178