- MLS® #: A11750314
- 1331 Sharazad Blvd
- Opa-Locka, FL 33054-3487
- $18,540,000
- Business
Opa-Locka multifamily portfolio with 102 units, mostly two-bedroom units, offering higher returns and strong cash flow. One-bedroom units in the area are selling for $180K per door, making this an excellent investment opportunity. Section 8 rents are now above market rates, ensuring consistent premium rental income. Located in Miami’s growing Opa-Locka neighborhood, this portfolio includes five properties: 2301 Atlantic Ave (24 units) – All two-bedroom units 13240 Port Said Rd (24 units) – 22 two-bedroom, 2 one-bedroom 1219 Sharazad Blvd (38 units) – 24 two-bedroom, 8 one-bedroom, 6 studios 2070 Ali Baba Ave (8 units) – 6 two-bedroom, 2 one-bedroom 1331 Sharazad Blvd (8 units) – 4 one-bedroom, 4 studios Cap rate is 6.5% with a pro-forma of 8.61%.
View Virtual TourEssential Information
- MLS® #A11750314
- Price$18,540,000
- CAD Dollar$25,814,002
- UK Pound£14,013,125
- Euro€16,522,385
- Bathrooms0.00
- Acres0.00
- Year Built1952
- TypeBusiness
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address1331 Sharazad Blvd
- Area31
- CityOpa-Locka
- CountyMiami-Dade
- StateFL
- Zip Code33054-3487
Interior
- HeatingCentral
- CoolingCentral Air
Exterior
- ConstructionBlock
- Office: Fausto Commercial Realty Consultants Inc
Property Location
1331 Sharazad Blvd on www.jupiteroceanfronthomes.us
Offered at the current list price of $18,540,000, this home for sale at 1331 Sharazad Blvd features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Opa-Locka, FL 33054-3487 . 1331 Sharazad Blvd is listed under the MLS ID of A11750314 and has been on the Opa-Locka real estate market for 46 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 9th, 2025 at 7:47pm 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. © 2025 MLS of RAMB.
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