Commercial property in Opa-locka, Florida 6157.38 sq.m. № 1920802

Property description

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.