2301 Atlantic Ave

opa-locka, FL 33054

$8,640,000

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    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

    lease term

    1 to 3 years

    Details

    47,116 Sq Ft

    1.65 Private Acres Exterior Space

    Commercial

    $24,889 Annual Tax

    Built in 1972

    MLS/Listing ID A11750110

    2 Stories

    Amenities & Features

    Cooling - Central Building AC

    Listing Courtesy of FAUSTO COMMERCIAL REALTY CONSULTANTS INC, FRANCISCO CAMPOS - 786-805-7408

    MIAMIRE

    Source of Data: MIAMI ASSOCIATION OF REALTORS

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