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 building 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 HIGHLIGHTS
Ideal unit mix with (6) 2BR-1BA units and (8) 1BR-1BA units
Varied income profile with majority Section 8 annual tenancies
flexible 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 facade
40-Year Recertification Completed
All units individually metered for electric
Steady 92–100% occupancy from professional property management
Additional upside available by adding laundry income + upgrading finishes in remaining units
- State:
- FL
- County:
- Miami-Dade
- City:
- Opa Locka
- Zipcode:
- 33054
- Street:
- 1265 Sharazad Blvd, Opa-locka, Florida 33054
- Longitude:
- W81° 45' 13.7''
- Latitude:
- N25° 54' 20.5''
- Building Area:
- 6,594 Sqft
- Cumulative DOM:
- 375
- DOM:
- 375
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 08-21-21-002-2350
- Structure Type:
- Apartment
- Virtual Tour:
- Click Here
Commercial Sale For Sale
1265 Sharazad Blvd, Opa-locka, Florida 33054, Opa Locka, Florida 33054
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $2,777,000
- Year Built :
- 1965
- Lot Area :
- 11,858 Sqft
- MLS # :
- A11805333
- Property Sub Type :
- Multi Family
