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Active Income/MultiFamily
$2,777,000 ↓ −$518,000 (15.7%)
1265 Sharazad Blvd, Opa-Locka FL 33054, Opa-Locka, FL 33054
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1965
Year Built

About This Property

PRESENTING BEL-AIR APARTMENTS: A PRISTINE, FULLY-RENOVATED AND STABILIZED 14-UNIT MULTIFAMILY ASSET LOCATED IN OPA-LOCKA, FL.

With a balanced mix of efficiently-sized 1BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and Section 8 tenants, this property offers a secure and durable investment perfect for cash-flow motivated buyers.

Step into this high-occupancy operation with minimal acquisition friction from completed 40-year building recertification, well-maintained grounds, and proven management model ripe for continued appreciation as the area remains a critical employment and transportation hub for the entire region.

INVESTMENT HIGHLIGHTS
Ideal unit mix with (6) 2BR-1BA units and (8) 1BR-1BA units
Varied income profile with majority Section 8 annual tenancies
flexible market-rate tenancies (highly subsidized) in addition to flexible market-rate tenancies.
Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade
40-Year Recertification Completed
All units individually metered for electric
Steady 92–100% occupancy from professional property management
Additional upside available by adding laundry income + upgrading finishes in remaining units

Property Details

Property Type Income/MultiFamily
Days on Market 384 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

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School Grades Address Report Card
Ingram, Dr. Robert B. Elementary
Elementary 305-688-4605
PK-5
600 Ahmad St., Opa-locka, FL 33054
North Dade Middle
Middle 305-624-8415
6-8
1840 NW 157 St., Miami Gardens, FL 33054
Hialeah/Miami Lakes Senior High
High School 305-823-1330
9-12
7977 W 12 Ave., Hialeah, FL 33014

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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