2301 Atlantic Ave

$8,640,000

2301 Atlantic Ave Pinewood

8

Home61's Closings in

Pinewood

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
$ 24,889
$ /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
A11750110

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


Data is provided by Miami Board of Realtors.

Public transportation

Opa Locka Bd & NW 24 Av
135
2 mins
NW 135 St & Op #2319
135
2 mins
NW 135 St & NW 24 Av
135
2 mins
Opa Locka Bd & NW 22 Av
135
2 mins

Nearby School In Pinewood

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
2
Dr. Robert B. Ingram/Opa-Locka Elementary School
PK-5
0.7 miles
3
Nathan B. Young Elementary School
PK-5
0.4 miles
3
Carrie P. Meek/Westview K-8 Center
PK-8
0.6 miles
6
Florida Int'l Academy Charter
6-8
0.5 miles
Listed on February 22, 2025 by Francisco Campos from Fausto Commercial Realty Consultants Inc, this other is for sale. other for sale in Pinewood listed at $8,640,000, Reference A11750110

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.