1265 Sharazad Blvd, Opa Locka, FL 33054
Miami-Dade County
Key Facts
Description
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 Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1965
Living Area
6,594 sq ft
Lot Size
11,858 sq ft
Days on Market
375
MLS® Listing#
A11805333
Property Features
Financial Details
Parcel Number
08-21-21-002-2350
Affordability Calculator
$555,400
Estimated monthly payment
$14,780/mo
Principal $2,221,600 · Est. interest $3,099,330 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Opa Locka, FL
- $485,714
- Median Listing Price
- 68
- Median Days on Market
- 1,219
- Median Sq Ft
- $397
- Median Price / Sq Ft
- 38
- Active Listings
- This home’s price is 472% above the area median.
- Its price per sq ft is 6% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Opa Locka, FL.
Location
Getting Around
Points of Interest in Opa Locka, FL
Showing the Opa Locka area map.
Nearby Schools
Dr. Robert B. Ingram Elementary School
Elementary · 0.1 mi away
Richard Allen Leadership Academy
School · 0.3 mi away
Nathan B. Young Elementary School
Elementary · 0.4 mi away
Beacon College Prep Middle School
Primary School · 0.7 mi away
Grace Academy International
School · 0.7 mi away
Windsor Academy
School · 0.8 mi away
Dr John A McKinney Christian Academy
School · 0.8 mi away
New Birth Baptist Church
School · 0.8 mi away
Monsignor Edward Pace High School
Secondary · 0.9 mi away
North Park High School
Secondary · 0.9 mi away
South Florida School of Excellence
School · 0.9 mi away
Bunche Pool
School · 1.0 mi away
Rainbow Park Elementary School
Elementary · 1.1 mi away
Marian Center School & Services
School · 1.1 mi away
Miami-Dade County Public Schools Educational Facilities Code Compliance
School · 1.2 mi away
North Dade Middle School
Secondary · 1.2 mi away
Carrie P. Meek/Westview K-8 Center
Elementary · 1.3 mi away
Westview Middle School
School · 1.4 mi away
The Seed School of Miami
Secondary · 1.4 mi away
K.C Kiddie Care Preschool & Daycare
School · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 321 OPA LOCKA BOULEVARD, OPA LOCKA, FL | $2,000,000 | — | — | 6,425 |
| 14760 NW 24th Ct, Opa Locka, FL | $2,200,000 | — | — | — |
| Opa Locka, FL | $3,000,000 | — | — | 52,925 |
| Opa Locka, FL | $3,200,000 | — | — | — |
| 14126 NW 27th Ave, Opa Locka, FL | $3,500,000 | — | — | 3,326 |
Moving Cost Estimate
EXIT Agents in Opa Locka
Listing Courtesy: The Alpha Commercial Advisors LLC - 3056977011
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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