A rare opportunity to acquire a well-positioned, income-producing multifamily asset in a high-demand submarket. This 72- unit garden-style apartment complex spans approximately 66,975 rentable square feet across a 1.84-acre lot, zoned R-3 for multifamily residential use. Constructed in 1972, the property consists of a mix of one-, two-, and three-bedroom units with significant in-place cash flow and demonstrated rental upside. Strategically situated near major economic drivers—including the Amazon Mega Warehouse—The current rent roll generates $133,838 in monthly income, with pro format market rents reaching $152,518, and potential Section 8-supported rents as high as $159,446 per month.
For sale
Price cut: $800K (6/24)
$14,400,000
13300 Alexandria Dr, Opa Locka, FL 33054
--beds
--baths
66,278sqft
Est.:
Quadruplex
Built in 1972
-- sqft lot
$-- Zestimate®
$217/sqft
$-- HOA
What's special
- 18 days
- on Zillow |
- 192 |
- 11 |
Likely to sell faster than
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