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2920 NW 132Nd Ter Opa Locka, FL 33054

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For Sale
$1,750,000

Income-producing fourplex with development potential in Opa-locka, Florida.

Building Details

Year built
1969

Source: Iso Realty, LLC. Agent Shawn Bailey

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Well-Maintained Fourplex on Oversized Lot

This well-maintained fourplex is an income-producing property featuring four spacious 2-bedroom, 1-bath units. Each unit is currently rented at an average of $2,000 per month. The units are equipped with stainless steel appliances and accordion hurricane shutters. The property sits on an oversized 14,000-sq-ft lot, offering generous parking and a well-kept common area. The neighboring fourplex, owned by the same owner, is also available. The combined 28,000-sq-ft assemblage opens the door for future development of up to 50 units, according to city zoning. This property offers an ideal blend of cash flow and future upside.
Location Intelligence

Current Use by Public Records

Scott's Apartments Apartment Building

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Opa Locka
County
Miami-Dade
State
Florida
Longitude
-80.248068
Latitude
25.894442

FAQs

What type of property is this?
Quadplex - Income-producing fourplex with development potential in Opa-locka, Florida.
Where is this quadplex located?
The property is located at 2920 NW 132Nd Ter Opa Locka, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: - Outstanding income-producing fourplex with immediate and consistent cash flow.; - Each unit features 2 bedrooms, 1 bath, and stainless steel appliances.; - Accordion hurricane shutters provide added safety and low-maintenance ownership.
More about this property
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