2301 Atlantic Ave, Opa-locka, 33054

  • $8,640,000

Buy

Opa-locka

2301 Atlantic Ave, Opa-locka, 33054

Opa-locka

  • $8,640,000

Quick Details

MLS #: A11750110
  • 71954
  • Lot sqft
  • 1972
  • Year Built

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

  • Address 2301 Atlantic Ave
  • City Opa-locka
  • State/county Florida
  • Zip/Postal Code 33054
  • Area Miami-dade County

Details

  • MLS #: A11750110
  • Price: $8,640,000
  • Land Area: 71954 sqft
  • Year Built: 1972
  • Property Status: Buy
Listed by Francisco Campos · Fausto Commercial Realty Consultants Inc - Updated on February 23, 2025 at 1:01 am

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