Sold for $660,000 on 10/24/24
$660,000
1020 Opa Locka Blvd, Opa Locka, FL 33054
4beds
4baths
2,054sqft
Quadruplex
Built in 1958
-- sqft lot
$639,400 Zestimate®
$321/sqft
$-- Estimated rent
Home value
$639,400
$556,000 - $735,000
Not available
Zestimate® history
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What's special
**Investment Opportunity in Opa-Locka, Miami!** Fausto Commercial presents this 4-unit multifamily property in Central Miami’s growing Opa-Locka. Each unit includes one bedroom, one bath, and separate electric and water meters. The property features front and rear entrances, with an option for a rear laundry room. Market rents exceed $1,800, with Section 8 paying up to $1,884, delivering a pro forma cap rate over 8%. Located on a quiet stretch of Opa-Locka Blvd, the property also has commercial zoning, allowing for business office use by right. Opa-Locka's growth, driven by major developments like the new Amazon warehouse, makes this an ideal investment opportunity.
Zillow last checked: 8 hours ago
Listing updated: January 13, 2025 at 12:59pm
Listed by:
Francisco Campos 786-805-7408,
Fausto Commercial Realty Consultants Inc,
Vicente Rodriguez 305-510-6627,
Fausto Commercial Realty Consultants Inc
Bought with:
Marco Craig, 3366305
MCraig Realty, LLC.
Source: MIAMI,MLS#: A11644308
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Concrete
Interior area
- Total structure area: 2,054
- Total interior livable area: 2,054 sqft
Property
Parking
- Total spaces: 4
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0821210072180
- Zoning: 6800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Flat Tile
Condition
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Opa Locka
- Subdivision: Opa Locka Pl No 3
Other
Other facts
- Listing terms: All Cash,Conventional,FHA,FHA 203K
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2024 | Sold | $660,000-16.5%$321/sqft |
Source: | ||
| 8/19/2024 | Listed for sale | $790,000$385/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33054
Nearby schools
GreatSchools rating
- 7/10Dr. Robert B. Ingram/Opa-Locka Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 2/10North Dade Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Miami Central Senior High SchoolGrades: 9-12Distance: 2.7 mi
Get a cash offer in 3 minutes
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Estimated market value
$639,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$639,400


