Home » Opa-Locka » 1020 Opa Locka Blvd, Opa-Locka, FL 33054 | A11644308

Fourplex (Quadruplex) For Sale 1020 Opa Locka Blvd, Opa-Locka, FL 33054

$790,000

Property Highlights

Listing ID A11644308 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 2,054 Sqft/190.82 m2 approx. Building Area 2,054 Sqft/190.82 m2 approx. Year Built 1958 Time of this property on Rebonus 111 Day(s)

1020 Opa Locka Blvd, Opa-Locka, FL 33054

Property Description: **Investment Opportunity in Opa-Locka, Miami!** Fausto Commercial presents this 4-unit multifamily property in Central Miami’s growing Opa-Locka. Each unit includes one bedroom, one bath, and separate electric and water meters. The property features front and rear entrances, with an option for a rear laundry room. Market rents exceed $1,800, with Section 8 paying up to $1,884, delivering a pro forma cap rate over 8%. Located on a quiet stretch of Opa-Locka Blvd, the property also has commercial zoning, allowing for business office use by right. Opa-Locka 's growth, driven by major developments like the new Amazon warehouse, makes this an ideal investment opportunity.

Useful Info

Original List Price:$790,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Architectural
Style:
  • Fourplex
Levels:One
Construction Materials:
  • Block
Flooring:
  • Concrete
Stories:1

Property Features

Waterfront:No
Roof:
  • Flat
  • Tile
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$8,246

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects City & County Tax

Terms

Documents Available:
  • Financials
  • Rent Rolls
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Fha 203(k)
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:OPA LOCKA PL NO 3
Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects City & County Tax
Flood ZoneX
Type of AssociationNone
Style Fourplex
FEMA Flood Zone DesignationsX
Municipal Code8
Subdivision Number7

Zoning and Legal

Tax Legal Description:OPA LOCKA PLAT NO 3 PB 31-14 LOTS 5 & 6 BLK 134 LOT SIZE IRREGULAR OR 10156-0805 0878 4 COC 22313-2276 05 2004 4
Real Estate Folio Number (Parcel Number):08-21-21-007-2180
Zoning Description:6800
Public Survey Township:8
Public Survey Range:21
Public Survey Section:21

Listing History

Update/EventDate/Days
Published Date:August 19, 2024 6:36 pm
On Market Date:August 19, 2024
Price Change Date Time:August 19, 2024 6:36 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:August 19, 2024 6:36 pm
Status Last Changed:August 19, 2024 6:36 pm
Photos Last Modified:August 19, 2024 10:59 pm
Last Modified:September 30, 2024 8:51 pm
Days on the Market Reference Date:September 11, 2024
Days on the Market (updated on Last Modified*):23
Cumulative Days on the Market (updated on Last Modified**):23

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:24
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:21
Courtesy of:Fausto Commercial Realty Consultants Inc
Universal Property Id:US-12025-N-0821210072180-R-N

Location

Show Property Address:Yes
Street Name:Opa Locka Blvd
Street Number:1020
Street Address:1020 Opa Locka Blvd
City : Opa-Locka
State : Florida
Zip Code : 33054
County : Miami-Dade
Full Address:1020 Opa Locka Blvd, Opa-Locka, FL 33054
Latitude:N25° 53' 57.7''
Longitude:W81° 45' 9.5''

Neighborhood

Postal City:Opa-locka

Property Map