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1241 Sharazad Blvd

Opa-Locka, FL 33054
  • $19,500,000
  • STATUS: Active
  • ON SITE: 198 Days
  • MLS #: A11509916
UPDATED: 58 min ago
$19,500,000
  • 0
    BEDS
  • 2.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1954
County:

School Ratings & Info

Description

Miami Central Multi-Family 103 Unit Portfolio. Total of 11 buildings, of mostly 2 bedroom units, approved and equipped for HUD housing, and all in the municipality of Opa-Locka. All buildings are of later construction, all concrete and solid structures. Due to their use by government programs, the building have been rigorously kept to the absolute highest condition and with no deferred maintenance. Just set it and forget it- and count your monthly coupons. For 2024, rents are to be guaranteed by the government at up to $2,324 for 2 bedrooms units. At proforma rents, before considering 2024's increments, this portfolio will be generating $1,666,464 Net Operating Income, with 2024 guaranteeing closer to $2M in NOI, and this at asking price an 11% Cap.

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Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-07-24T21:51:48.923.
www.ewm.com/homes/146459582
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1241 Sharazad Blvd Opa-Locka, FL 33054

  • Price: $19,500,000
  • Status: Active
  • On Site: 198 Days
  • Updated: 58 min ago
  • MLS #: A11509916
0
Beds
0
Baths
0
½ Baths
2.97
Acres
1954
Built
County:
Miami-Dade
Property Description
Miami Central Multi-Family 103 Unit Portfolio. Total of 11 buildings, of mostly 2 bedroom units, approved and equipped for HUD housing, and all in the municipality of Opa-Locka. All buildings are of later construction, all concrete and solid structures. Due to their use by government programs, the building have been rigorously kept to the absolute highest condition and with no deferred maintenance. Just set it and forget it- and count your monthly coupons. For 2024, rents are to be guaranteed by the government at up to $2,324 for 2 bedrooms units. At proforma rents, before considering 2024's increments, this portfolio will be generating $1,666,464 Net Operating Income, with 2024 guaranteeing closer to $2M in NOI, and this at asking price an 11% Cap.
Exterior Features

Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 77218

Property Features

Association YN No Business Type Apartments Horse YN No New Construction YN No Property Sub Type Income/MultiFamily Public Survey Section 21 Special Listing Conditions Sale Tax Annual Amount 24206 Zoning 4400

Listing courtesy of Fausto Commercial Realty Consultants Inc: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-07-24T21:51:48.923.
 
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