Bel-Air Apartments: A pristine, fully-renovated and stabilized 14-unit multifamily asset located in Opa-Locka, Florida. With a balanced mix of efficiently-sized BR and 2BR units, substantial capital improvements, and optimized in-place income from both marke

1265 SHARAZAD BLVD, Opa-Locka

$2,777,000 USD
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Address1265 SHARAZAD BLVD, Opa-Locka
Type of PropertyIncome / MultiFamily
Type of BusinessApartments
Price$2,777,000
Previous Price$2,795,000 (7 days ago)
Property StatusActive
MLS NumberA11805333
Property Size11858
Lot Size11858
Year Built1965
Folio Number08-21-21-002-2350
Zoning Information4400
Days on Market318

Detailed Description: Bel-Air Apartments: A pristine, fully-renovated and stabilized 14-unit multifamily asset located in Opa-Locka, Florida. With a balanced mix of efficiently-sized BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and highly subsidized tenants, this property offers a secure, low-maintenance investment perfect for 1031 Exchange buyers. Investment Highlights -Ideal unit mix with (6) 2BR-1BA units and 8 1BR-1BA units -Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade -Assumable mortgage @ 6.4% interest -All units individually metered for electric -Steady 92-100% occupancy from professional property management

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Address Information
StateFlorida
CityOpa-Locka
CountyMiami-Dade County
Zip Code33054
Address1265 SHARAZAD BLVD
Section21
Zip Code (4 Digits)3486
Financial Information
Price$2,777,000
Price per Foot$0
Previous Price$2,795,000
Folio Number08-21-21-002-2350
Full Descriptions
Detailed DescriptionBel-Air Apartments: A pristine, fully-renovated and stabilized 14-unit multifamily asset located in Opa-Locka, Florida. With a balanced mix of efficiently-sized BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and highly subsidized tenants, this property offers a secure, low-maintenance investment perfect for 1031 Exchange buyers. Investment Highlights -Ideal unit mix with (6) 2BR-1BA units and 8 1BR-1BA units -Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade -Assumable mortgage @ 6.4% interest -All units individually metered for electric -Steady 92-100% occupancy from professional property management
Property parameters
Living Area11858
Lot Size11858
Total Acreage0.000
Zoning Information4400
Maximum Leasable Size11858
Year Built1965
Type of PropertyIncome / MultiFamily
Type of BusinessApartments
Listed withThe Alpha Commercial Advisors LLC