4 months on rocket

1020 Opa Locka Blvd, Opa-Locka, FL, 33054

$790,000

Home List Price

$9,381*

Closing Credit

0 Baths
2,054 SqFt
$385/SqFt
Multi

Location

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1020 Opa Locka Blvd, Opa-locka$790,000

Buyer Closing Credits

$9,381*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1958
HeatingCentral, Electric
CoolingWall/Window Unit(s)
MLS #A11644308
StatusActive

About 1020 Opa Locka Blvd

**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.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1958
  • Stories: 1
  • Living Area: 2,054 SqFt

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (305) 431-2258
  • Listing Agent: Francisco Campos

Interior Features

Interior Information:

  • Flooring Type: Concrete

Virtual/3D Tour

  • Virtual Tour: 1020 Opa Locka Blvd
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $790,000
  • Price Per SqFt: $385/SqFt
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Housing Market Comparison

See how this home compares to others in Opa-locka, FL.

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Opa-locka, FL

City

Med. Sold Price

$400K

Med. Price/SqFt

$342

Avg. Days On Market

53

# of Sold Homes

6

1020 Opa Locka Blvd vs Opa-locka

122 DAYS ON ROCKET

+69 Days

$790,000

+$390K More

$385/SqFt

+$43 More

KEY TAKEAWAY

This property is $390K more than the Median Sold Price and $43/SqFt more than other homes in Opa-locka, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11644308

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (305) 431-2258
  • Listing Agent: Francisco Campos

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$4,010

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,435

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-896716
6
/10

  • Beacon College Preparatory

  • 2750 NW 135th St

  • 0.29 miles

  • Public Charter Grades KG-5

school-card-donut-896717
5
/10

  • Dr. Robert B. Ingram Elementary School

  • 600 Ahmad St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-896718
6
/10

  • Nathan B. Young Elementary School

  • 14120 NW 24th Ave

  • 0.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,734. Typical income of Opa-locka, FL residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Opa-locka›33054›1020 Opa Locka Blvd

This home is located at 1020 Opa Locka Blvd in Opa-Locka, FL and zip code 33054. This 2,054 square foot home was built in 1958. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $790,000.

In November 2024 more than 1 listings in Opa-locka, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. In November 2024 in Opa-locka, FL there were 4.8% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $400,000, while the average time on the real estate market was 53 days.

From Rocket Homes Real Estate and based on county public records data.

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