Property 1265 Sharazad Boulevard, Opa-Locka, FL 33054 for sale with MLS# A11805333
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 bldg. 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 HIGHLIGHTSIdeal unit mix with (6) 2BR-1BA units and (8) 1BR-1BA unitsVaried income profile with majority Section 8 annual tenanciesflexible 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 facade40-Year Recertification CompletedAll units individually metered for electricSteady 92-100% occupancy from professional property managementAdditional upside available by adding laundry income + upgrading finishes in remaining units-Price Per Door: $192,857-In-Place CAP: 7.17%-Pro-Forma CAP: 8.3%-Current Occupancy: 93%NEW lease was signed for Section 8 tenant at $2,262/month, highest rent for the building.
1265 Sharazad Boulevard, Opa-Locka, FL 33054
- Price:
- $2,700,000.00
- Original List Price:
- $3,295,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $409.46
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- July 31, 2026 12:44 am
- Built-Up Area:
- 6,594 Sqft
- Lot Size Acres:
- 0.27
- Year Built:
- 1965
- Flood Zone Code:
- X
- Senior Community:
- No
- Tax Legal Description:
- PL NO 1 OPA LOCKA PB 25-44 LOTS 13 & 14 BLK 13 LOT SIZE 11858 SQUARE FEET OR 10680-1781 0280 1
- Real Estate Folio Number (Parcel Number):
- 0821210022350
- Zoning:
- 4400
- Active on the market since:
- May 18, 2025
- Listing Agreement executed on:
- May 18, 2025
- Price change occurred on:
- July 31, 2026 12:44 am
- Listing Status Last Changed On:
- May 18, 2025 2:06 pm
- Photos updated on:
- July 31, 2026 5:30 pm
- Last Modified:
- July 31, 2026 5:30 pm
- Courtesy of:
- The Alpha Commercial Advisors LLC
- Attribution:
- Not provided
- Street Name:
- Sharazad
- Street Number:
- 1265
- City:
- Opa-Locka
- State:
- Florida
- Zip Code:
- 33054
- County:
- Miami-Dade
- Latitude:
- N25° 54' 20.4''
- Longitude:
- W81° 45' 13.7''
- Street Suffix:
- Boulevard
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 1265 Sharazad Boulevard, Opa-Locka, FL 33054
