13240 Port Said Rd Opa-Locka FL 33054 MLS #A11750103

13240 Port Said Rd
Opa-Locka, FL, 33054
$8,640,000
Beds
0 Baths
47,116 SqFt
0 Acres
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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

Property Details

Price:
$8,640,000
MLS #:
A11750103
Status:
Active
Beds:
0
Baths:
0
Address:
13240 Port Said Rd
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Opa-Locka
Listed Date:
Feb 21, 2025
State:
FL
Finished Sq Ft:
47,116
Total Sq Ft:
47,116
ZIP:
33054
Year Built:
1972
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CENTURY 21 Carioti

CENTURY 21 Carioti

Florida, Real Estate

Phone 800 783-8847

CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Schools

Interior

Cooling
Central Building A/ C, Central Individual A/ C
Heating
Central Building A/ C

Exterior

Parking Spots
100

Financial

Taxes
$63,239

Map

Community

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Courtesy of Fausto Commercial Realty Consultants Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Miami, FL. All rights reserved.
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13240 Port Said Rd
Opa-Locka, FL