Income-producing property featuring two legal units, each with separate electric and water meters. One unit offers 2 bedrooms / 2 baths, and the second unit features 2 bedrooms / 1 bath. Both units include spacious, gated backyards, providing privacy and outdoor space for tenants or extended family. Convenient Miami location close to major roadways, schools, shopping, and public transportation. Ideal for investors or owner-occupants seeking flexibility and strong rental potential. Property delivered vacant. Clean and clear title.
Cash Cow property on a huge lot of land structure 3,344 SQFT Lot size 15.375 SQFT Call listing Agent for details
Outstanding income-producing property! This beautifully maintained fourplex features four spacious 2-bedroom, 1-bath units, each currently rented at an average of $2,000 per month, providing immediate and consistent cash flow. All units are equipped with central A/C, stainless steel appliances, and accordion hurricane shutters for added safety and low-maintenance ownership. The property sits on an oversized 14,000-sq-ft lot, offering generous parking and a well-kept common area. For investors seeking scale, the neighboring fourplex (same owner) is also available. Together, the combined 28,000-sq-ft assemblage opens the door for future development of up to 50 units, according to city zoning. Buy today and start collecting rent tomorrow—an ideal blend of cash flow and future upside.
Outstanding income-producing property! This beautifully maintained fourplex features four spacious 2-bedroom, 1-bath units, each currently rented at an average of $2,000 per month, providing immediate and consistent cash flow. All units are equipped with stainless steel appliances, and accordion hurricane shutters for added safety and low-maintenance ownership. The property sits on an oversized 14,000-sq-ft lot, offering generous parking and a well-kept common area. For investors seeking scale, the neighboring fourplex (same owner) is also available. Together, the combined 28,000-sq-ft assemblage opens the door for future development of up to 50 units, according to city zoning. Buy today and start collecting rent tomorrow—an ideal blend of cash flow and future upside.
Great value add investment opportunity! Units are currently rented under market value. Five units are 1 bed/1 bath and one 2 bed/1 bath . Great potential to increase the rent for a significantly higher monthly income. All tenants are month to month. This is a part of a portfolio of 11 total units for sale that includes two multi-families and one single family. Seller is open to selling them together or separately.
Attention Investors!Excellent opportunity. Fourplex in good condition.4 units 1/1. Laundry in each unit. large space to park cars.Separate electric and WATER meters.Impact windows in all units.AC in 3 units. This multi-family includes a new roof with warranty, upgrades in several units Great income.Actual cap rate 9,7%. One of the units is SECTION 8, the increase of $1,814 per month is approved. 3 REMODELED UNITS, RECENT APPAISAL 740,000 FHA.The property has Impact windows. The neighborhood already has approved permits for future building developments, making this a strategic acquisition with strong upside potential. This property not only provides immediate rental income,is also positioned in a zone undergoing significant expansion, increasing the value of the land and future rental income potential. NO DISTURB TENANTS
Great value add investment opportunity! Units are currently rented under market value. Three units are 2 bed/1 bath, one unit is 1 bed/1 bath and the single family is 3 bed/1 bath. Both must be sold together as they share the lot/parking. Great potential to increase the rent for a significantly higher monthly income. All tenants are month to month. This is a part of a portfolio of 11 total units for sale that includes two multi-families and one single family. Seller is open to selling them together or separately.
1240 Sesame St is comprised of four 2 bed/1 bath, frame/stucco apartment units built in 1926, on a 11,900 sf lot, in the historic community of, Opa Locka, FL The property is priced at "Land-Value" as it is in disrepair and not fully occupied. There may be some Miami-Dade County as well as City of Opa Locka CRA grant funding available under their affordable/workforce housing and historic preservation programs. The property can be approached as a CRA-supported Historic Restoration OR a Covered-Land Opportunity where 10 to 12 new apartment units may be redeveloped under certain criteria to include a workforce component and honoring the historic Moorish-themed architecture. A 501C3 may be an appropriate ownership entity for access to grants.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. © 2025 MIAMI Association of REALTORS®, all rights reserved.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc.
Opa Locka is located in Florida.
