"AMAZING INCOME OPPORTUNITY" Is the only way to describe this renovated duplex in the heart of Opa-Locka. This exceptional property features gorgeous tile floors throughout the units, modern style bathrooms, updated kitchens, a newer roof, impact windows, separate meters, a large lot with a new fence surrounding the property and so much more!
This updated duplex presents an excellent investment opportunity, featuring two 2-bedroom, 1-bath units that are completely renovated for minimal maintenance. Each unit has its own separate electrical and water meter, allowing tenants to cover their utilities, which enhances your profitability. With both units currently rented, this property offers immediate cash flow, making it a smart addition to any investor's portfolio.
Redevelopment and Income Generating Opportunity in Opa-Locka This offering comprises three adjacent lots totaling 20,750 sq. ft. with 150 linear feet of frontage along NW 135th Street and 32nd Avenue in the City of Opa-Locka. One parcel features a 4-unit building with new roof as of 9/2025, currently leased to month-to-month tenants at below-market rents, generating approximately $60,000 in annual gross income. The other two parcels are vacant, providing significant development potential alone or adding the adjacent building's lot. Located within Opa-Locka’s mixed-use corridor, the property benefits from as-of-right zoning that permits up to 71 residential units across 8 stories for market-rate tenancy. The site is within walking distance of the Amazon distribution center and mass transit stops, adding strong appeal for future residents. Preliminary site plans have been prepared for both a 69-unit/80 Parking space development and a smaller 28-unit/30 Parking space project, offering flexibility for investors and developers. the property also qualifies for other commercial and retail zoning applications, creating additional opportunities for mixed-use development. Discussions with city officials have already taken place, and they are enthusiastic about welcoming a strong project to the area. Incentives may be available to support development.
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..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. 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.
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.
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Opa Locka is located in Florida.
