13240 Port Said Rd

$8,640,000

13240 Port Said Rd Opa-Locka

2126

Home61's Closings in

Miami, FL

Amenities

Air Conditioning
Central Heat
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$ 63,239
$ /sqft
-
Tenant Occupied
No
Parking Space
100
Building
-
On market
53 days
$ /sqft
-
Type
other
Year Built
1972
Unit
-
Zip Code
33054
Ref./MLS ID
A11750103

DESCRIPTION

Multi-family investment opportunity in opa-locka, miami.  48-unit portfolio consists mostly of two-bedroom units, offering higher rental income and stronger returns.  One-bedroom units in the area are already selling for $180k per door, making this a competitive investment.  Opa-locka is undergoing rapid gentrification, one of the last areas in miami with affordable entry points.  Section 8 is now paying above market rents, creating an unmatched 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


Data is provided by Miami Board of Realtors.

Public transportation

Golden Glades
6 mins
Opa-locka
6 mins
NW 32 Av & NW 132 Te
32
1 mins
NW 32 Av & NW 131 St
32
2 mins

Nearby School In Opa-Locka

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
1
Richard Allen Leadership Academy
PK-5
0.7 miles
2
Dr. Robert B. Ingram/Opa-Locka Elementary School
PK-5
0.8 miles
6
Florida Int'l Academy Charter
6-8
0.5 miles
NR
Vankara A Learning Exchange
PK-8
0.1 miles
Listed on February 22, 2025 by Francisco Campos from Fausto Commercial Realty Consultants Inc, this other is for sale. other for sale in Opa-Locka listed at $8,640,000, Reference A11750103

The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.