OPA LOCKA PL NO 3
1020 Opa Locka Blvd, Opa-Locka FL 33054
2,054 ft²
$790,000
Est. Payment $4,205/mo
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.
- —
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Market insights for Opa-Locka
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
June 2026
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).
| 1/13/2025 | Sold | $790,000 |
| 8/19/2024 | Listed 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
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
St Lawrence Elementary SchoolKG,1,2,3,4,5,6,7,8 · private · 0.2 mi
Aventura City Of Excellence SchoolKG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
The Tauber AcademyPK,KG · private · 0.7 mi
Spirit Of Christ Child Development Center & AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
Spirit Of Christ Child Development CenterPK,KG · private · 0.7 mi
Spirit of Christ Child Development AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
Biscayne AcademyUG · private · 0.8 mi
Ojus Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.8 mi
Scheck Hillel Community SchoolPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Imacs Learning CenterUG · private · 0.9 mi
Estimated Monthly Payment
$5,013/mo
Principal & Interest
$4,205
Property Tax
$658
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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