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$ 1,995,000
Est. payment /mo
Active
3160 NW 135th St Opa-locka, FL 33054
0.48 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Nile Gardens Sec 2
MLS Listing ID A11931734
HOA Y/N No
Annual Tax Amount $4,948
Tax Year 2025
Lot Size 0.478 Acres
Acres 0.478
Property Sub-Type Residential
Property Description
Redevelopment and Income Generating Opportunity in Opa-Locka
This offering comprises three adjacent lots totaling 20,750 sq. ft. with 150 linear feet of frontage along NW 135th Street and 32nd Avenue in the City of Opa-Locka. One parcel features a 4-unit building with new roof as of 9/2025, currently leased to month-to-month tenants at below-market rents, generating approximately $60,000 in annual gross income. The other two parcels are vacant, providing significant development potential alone or adding the adjacent building's lot.
Located within Opa-Locka's mixed-use corridor, the property benefits from as-of-right zoning that permits up to 71 residential units across 8 stories for market-rate tenancy. The site is within walking distance of the Amazon distribution center and mass transit stops, adding strong appeal for future residents. Preliminary site plans have been prepared for both a 69-unit/80 Parking space development and a smaller 28-unit/30 Parking space project, offering flexibility for investors and developers. the property also qualifies for other commercial and retail zoning applications, creating additional opportunities for mixed-use development. Discussions with city officials have already taken place, and they are enthusiastic about welcoming a strong project to the area. Incentives may be available to support development.
This offering comprises three adjacent lots totaling 20,750 sq. ft. with 150 linear feet of frontage along NW 135th Street and 32nd Avenue in the City of Opa-Locka. One parcel features a 4-unit building with new roof as of 9/2025, currently leased to month-to-month tenants at below-market rents, generating approximately $60,000 in annual gross income. The other two parcels are vacant, providing significant development potential alone or adding the adjacent building's lot.
Located within Opa-Locka's mixed-use corridor, the property benefits from as-of-right zoning that permits up to 71 residential units across 8 stories for market-rate tenancy. The site is within walking distance of the Amazon distribution center and mass transit stops, adding strong appeal for future residents. Preliminary site plans have been prepared for both a 69-unit/80 Parking space development and a smaller 28-unit/30 Parking space project, offering flexibility for investors and developers. the property also qualifies for other commercial and retail zoning applications, creating additional opportunities for mixed-use development. Discussions with city officials have already taken place, and they are enthusiastic about welcoming a strong project to the area. Incentives may be available to support development.
Location
State FL
County Miami-dade
Community Nile Gardens Sec 2
Area 21
Exterior
Private Pool Yes
Building
Faces North
Others
Tax ID 08-21-28-006-0070
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11931734
Listed by Premier Real Estate Sales Inc.
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