Bel-Air Apartments: A pristine, fully-renovated and stabilized 14-unit multifamily asset located in Opa-Locka, Florida. With a balanced mix of efficiently-sized BR and 2BR units, substantial capital improvements, and optimized in-place income from both marke

1265 SHARAZAD BLVD, Opa-Locka

$3,295,000 USD
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      Address1265 SHARAZAD BLVD, Opa-Locka
      Type of PropertyIncome / MultiFamily
      Type of BusinessApartments
      Price$3,295,000
      Property StatusActive
      MLS NumberA11805333
      Property Size11858
      Lot Size11858
      Year Built1965
      Folio Number08-21-21-002-2350
      Zoning Information4400
      Days on Market6

      Detailed Description: Bel-Air Apartments: A pristine, fully-renovated and stabilized 14-unit multifamily asset located in Opa-Locka, Florida. With a balanced mix of efficiently-sized BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and Section 8 tenants, this property offers a secure, low-maintenance investment perfect for 1031 Exchange buyers. Investment Highlights -Ideal unit mix with (6) 2BR-1BA units and 8 1BR-1BA units -Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade -Assumable mortgage @ 6.4% interest -All units individually metered for electric -Steady 92-100% occupancy from professional property management

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      Address Information
      StateFlorida
      CityOpa-Locka
      CountyMiami-Dade County
      Zip Code33054
      Address1265 SHARAZAD BLVD
      Section21
      Zip Code (4 Digits)3486
      Financial Information
      Price$3,295,000
      Price per Foot$0
      Folio Number08-21-21-002-2350
      Full Descriptions
      Detailed DescriptionBel-Air Apartments: A pristine, fully-renovated and stabilized 14-unit multifamily asset located in Opa-Locka, Florida. With a balanced mix of efficiently-sized BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and Section 8 tenants, this property offers a secure, low-maintenance investment perfect for 1031 Exchange buyers. Investment Highlights -Ideal unit mix with (6) 2BR-1BA units and 8 1BR-1BA units -Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade -Assumable mortgage @ 6.4% interest -All units individually metered for electric -Steady 92-100% occupancy from professional property management
      Property parameters
      Living Area11858
      Lot Size11858
      Total Acreage0.000
      Zoning Information4400
      Maximum Leasable Size11858
      Year Built1965
      Type of PropertyIncome / MultiFamily
      Type of BusinessApartments
      Listed withThe Alpha Commercial Advisors LLC