OPA LOCKA PL NO 3

1020 Opa Locka Blvd, Opa-Locka FL 33054

2,054 ft²

Closed

$790,000

Est. Payment $4,205/mo

MLS Sheet Video

2,054

Sq. Ft.

1958

Year Built

1

Stories

66

Days on Market

Description

**Investment Opportunity in Opa-Locka, Miami!** Fausto Commercial presents this 4-unit multifamily property in Central Miami’s growing Opa-Locka. Each unit includes one bedroom, one bath, and separate electric and water meters. The property features front and rear entrances, with an option for a rear laundry room. Market rents exceed $1,800, with Section 8 paying up to $1,884, delivering a pro forma cap rate over 8%. Located on a quiet stretch of Opa-Locka Blvd, the property also has commercial zoning, allowing for business office use by right. Opa-Locka's growth, driven by major developments like the new Amazon warehouse, makes this an ideal investment opportunity.

Facts

MLS#
A11644308
Subdivision
OPA LOCKA PL NO 3
Property Type
Residential Income
Property Sub Type
Quadruplex
Year Built
1958
Lot Size
0 sqft
Sq. Ft.
2,054 ft²
Sq. Mt.
191 m²
Price per sq. ft.
$385/ft²
Price per sq. mt.
$4,136/m²
Stories
1
Garage
Pool
Days on Market
66 days
Listed
Aug 19, 2024
Last Updated
Jan 13, 2025
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Opa-Locka

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

62

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

1/13/2025Sold$790,000
8/19/2024Listed for sale$790,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1020 Opa Locka Blvd, Opa-Locka FL 33054Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$5,013/mo

Principal & Interest

$4,205

Property Tax

$658

Insurance

$150

HOA

$0

20% ($158,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Updated within 24 hours

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