1265 Sharazad Blvd, Opa-Locka FL 33054
Opa-Locka, FL 33054
Description of 1265 Sharazad Blvd, Opa-Locka FL 33054
PRESENTING BEL-AIR APARTMENTS: A PRISTINE, FULLY-RENOVATED AND STABILIZED 14-UNIT MULTIFAMILY ASSET LOCATED IN OPA-LOCKA, FL. With a balanced mix of efficiently-sized 1BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and Section 8 tenants, this property offers a secure and durable investment perfect for cash-flow motivated buyers. Step into this high-occupancy operation with minimal acquisition friction from completed 40-year bldg. recertification, well-maintained grounds, and proven management model ripe for continued appreciation as the area remains a critical employment and transportation hub for the entire region. INVESTMENT HIGHLIGHTS Ideal unit mix with (6) 2BR-1BA units and (8) 1BR-1BA units Varied income profile with majority Section 8 annual tenancies flexible market-rate tenancies (highly subsidized) in addition to flexible market-rate tenancies. Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade 40-Year Recertification Completed All units individually metered for electric Steady 92–100% occupancy from professional property management Additional upside available by adding laundry income + upgrading finishes in remaining units -Price Per Door: $192,857 -In-Place CAP: 7.17% -Pro-Forma CAP: 8.3% -Current Occupancy: 93% NEW lease was signed for Section 8 tenant at $2,262/month, highest rent for the building.
Property Details for 1265 Sharazad Blvd, Opa-Locka FL 33054
- Pool Private
- No
Building Information for 1265 Sharazad Blvd, Opa-Locka FL 33054
- Building Area Total
- 6594
- Building Area Units
- Square Feet
- Association
- No
Property Information for 1265 Sharazad Blvd, Opa-Locka FL 33054
- Lot Size Square Feet
- 11,858
- Waterfront
- No
- View
- No
- New Construction
- No
Public Records for 1265 Sharazad Blvd, Opa-Locka FL 33054
- Parcel Number
- 08-21-21-002-2350
- Tax Legal Description
- PL NO 1 OPA LOCKA PB 25-44 LOTS 13 & 14 BLK 13 LOT SIZE 11858 SQUARE FEET OR 10680-1781 0280 1
- Zoning
- 4400
- County Or Parish
- Miami-Dade County
Location
1265 Sharazad Blvd, Opa-Locka FL 33054 · More homes in Opa-locka
More information about 1265 Sharazad Blvd, Opa-Locka FL 33054
1265 Sharazad Blvd is a income/multifamily for sale in Opa-Locka, FL 33054. This property was listed for sale on May 18, 2025 by The Alpha Commercial Advisors LLC, it's currently listed at $2,700,000. This listing's school district is Miami-Dade County Public Schools.