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48-Unit Apartment Portfolio
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13240 Port Said Rd, Opa Locka, FL 33054

Two multifamily properties provide a combined 48 units, primarily configured as two-bedroom, one-bath residences.

Property Size47,116 SF
Lot Size1.65 Acres
Days on Market144

Property Features for 13240 Port Said Rd

General Information

Standard status Active
Size 47,116 SF
Lot size 1.65 Acres
Property subtype Multifamily

Units

Unit Mix 46 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 48

Additional Details

Cap Rate 5.69%

Building Details

Buildings 2
Listing Agency: Campos Commercial Real Estate LLC
Listed By: Francisco Campos · License #3368417
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:55AM

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 Campos Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

This multifamily portfolio includes 48 apartment units across two properties in Opa-Locka, Florida. The buildings contain 47,116 square feet of total building area on a combined 71,954-square-foot site. Most residences are configured as two-bedroom, one-bath units, with two one-bedroom, one-bath apartments included at 13240 Port Said Rd.

The portfolio comprises 24 units at 2301 Atlantic Ave and 24 units at 13240 Port Said Rd. The Atlantic Avenue property contains 24 two-bedroom, one-bath units within 24,180 square feet, while the Port Said Road property includes 22 two-bedroom units and two one-bedroom units across 22,936 square feet. Reported metrics include a 5.69% cap rate and an 8.55% pro forma.

Key Highlights

  • 48 units across two Opa‑Locka apartment properties
  • 47,116 square feet of total building area on 71,954 square feet of land
  • 2301 Atlantic Ave: 24 two‑bedroom, one‑bath units in 24,180 square feet

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Accounting Firm Gym & Fitness Center

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

Lease Details

48
Residential units

Location Intelligence

Trade Area within ½ mile

1,040
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 - Two multifamily properties provide a combined 48 units, primarily configured as two-bedroom, one-bath residences.
Where is this apartment building located?
The property is located at 13240 Port Said Rd Opa Locka, FL.
What are key features of this property?
This property features: 48 units across two Opa‑Locka apartment properties; 47,116 square feet of total building area on 71,954 square feet of land; 2301 Atlantic Ave: 24 two‑bedroom, one‑bath units in 24,180 square feet
(305) 510-6627 Call to check price and availability
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