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  • MLS® #: A11509916
  • 1241 Sharazad Blvd
  • Opa-Locka, FL 33054-3485
  • $19,500,000
  • Business

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.

Essential Information

  • MLS® #A11509916
  • Price$19,500,000
  • CAD Dollar$26,599,853
  • UK Pound£15,338,915
  • Euro€17,962,698
  • Bathrooms0.00
  • Acres0.00
  • Year Built1954
  • TypeBusiness
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • Address1241 Sharazad Blvd
  • Area21
  • CityOpa-Locka
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33054-3485
  • Office: Fausto Commercial Realty Consultants Inc

Property Location

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1241 Sharazad Blvd on www.jupiteroceanfronthomes.us

Offered at the current list price of $19,500,000, this home for sale at 1241 Sharazad Blvd features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Opa-Locka, FL 33054-3485 . 1241 Sharazad Blvd is listed under the MLS ID of A11509916 and has been on the Opa-Locka real estate market for 0 days.

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of May 22nd, 2024 at 3:17pm CDT (date/time).

All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 MLS of RAMB.

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