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Renovated Multifamily Asset in Opa-Locka
For Sale
$2,777,000

1265 Sharazad Blvd, Opa Locka, FL 33054

Fully renovated, 14-unit multifamily property with steady occupancy.

Property SizeContact for details
Lot Size0.27 Acres
Days on Market277

Property Features for 1265 Sharazad Blvd

General Information

Standard status Active
Lot size 0.27 Acres
Property subtype Commercial

Building Details

Year Built 1965
Listing Agency: The Alpha Commercial Advisors LLC
Listed By: Jamie Maniscalco · License #3391005
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Aug 30 at 7:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Alpha Commercial Advisors LLC

Investment Insights

Based on property information with market context.

The Bel-Air Apartments are a fully-renovated and stabilized 14-unit multifamily asset located in Opa-Locka, Florida. The property features a balanced mix of efficiently-sized one-bedroom and two-bedroom units. Substantial capital improvements have been made. The property benefits from optimized in-place income from both market-rate and Section 8 tenants. The grounds are fully renovated and feature impact glass, a gated courtyard entry, security cameras, ample on-site parking, and a clean modern facade. All units are individually metered for electric. The property maintains steady occupancy between 92% and 100% due to professional property management. The property is suited for 1031 Exchange buyers and offers a secure, low-maintenance investment. The unit mix includes six two-bedroom, one-bathroom units and eight one-bedroom, one-bathroom units. An assumable mortgage is available at a 6.4% interest rate.

Key Highlights

  • Fully‑renovated 14‑unit multifamily asset in Opa‑Locka, Florida.
  • Assumable mortgage at 6.4% interest.
  • Steady 92‑100% occupancy rate.

Property Analytics

Current Use

Joe's Septic Tank ... Plumbing Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,137
Businesses Nearby

Demographics for 33054, FL

30,352
Population
10,263
Households
3
Avg Household Size
37
Median Age
10%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
3,613
Density / Sq Mi
$42,779
Median Household Income
$31,147
Median Earnings
$1,346
Median Rent
$291,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated, 14-unit multifamily property with steady occupancy.
Where is this apartment building located?
The property is located at 1265 Sharazad Blvd Opa Locka, FL.
What is the asking price?
The asking price for this property is $2,777,000.
What are key features of this property?
This property features: Fully‑renovated 14‑unit multifamily asset in Opa‑Locka, Florida.; Assumable mortgage at 6.4% interest.; Steady 92‑100% occupancy rate.
More about this property
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