2301 Atlantic Ave, Opa-Locka FL 33054
Opa-LockaMap
| Price | $8,640,000.00 |
| Listing ID | A11750110 |
| Status | For Sale |
| Address Map |
2301 Atlantic Ave, Opa-Locka FL 33054 |
| Area | Opa-Locka |
| Beds | |
| Baths | |
| Square Ft | |
| Lot Size | 71,954 |
| Year Built | 1972 |
| Taxes | $24,889 |
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