Duplex on Large
1340 Peri Street Opa Locka, FL 33054
1340 Peri Street, Opa Locka, FL, 33054
$719,999
For Sale
$719,999
Duplex for sale with a 3,344-sqft structure on a large lot; call listing agent for details.
Property Size2,937 SF
Lot Size15.38 Acres
Price / SF$245.15
Days on Market231
Property Features for 1340 Peri Street
General Information
- Standard status
- Active
- Size
- 2,937 SF
- Lot size
- 15.38 Acres
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1925
Listing agency
Golani Realty Inc
(786) 586-8740
Listed by
Milton Serret Jr. · License #3584463
(786) 586-8740
Source
Compass
Added: Dec 3, 2025 Updated: Jul 20 at 11:56PM Checked: Jul 21 at 6:06AM
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 Golani Realty Inc
Investment Insights
Based on property information with market context.
This duplex for sale is situated on a large lot and includes a 3,344-sqft structure. The property is offered for sale, with additional information available through the listing agent.
The address is 1340 Peri Street, Opa-Locka, FL 33054. For specifics on the units and configuration, interested buyers should contact the listing agent directly.
The address is 1340 Peri Street, Opa-Locka, FL 33054. For specifics on the units and configuration, interested buyers should contact the listing agent directly.
Key Highlights
- Duplex built in 1925
- 3,344‑sqft structure
- Huge lot size (15.375 sqft stated); call listing agent for details
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.9k | $30.60 |
| − Vacancy | −$5.7k | −$1.95 |
| EGI | $84.1k | $28.65 |
| − OpEx | −$25.2k | −$8.60 |
| NOI | $58.9k | $20.06 |
2,937 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$841.5K
$736.3K – $981.7K
NOI $58,903 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$775.1K
$678.2K – $904.3K
NOI $54,256 @ 7.0% cap · market cap 7.54%
Theoretical Best
Specialty Retail
$1.98M
$1.73M – $2.31M
NOI $138,775 @ 7.0% cap · market cap 19.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Frank Bush House
Tour Operator
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex for sale with a 3,344-sqft structure on a large lot; call listing agent for details.
Where is this duplex located?
The property is located at 1340 Peri Street Opa Locka, FL.
What is the asking price?
The asking price for this property is $719,999.
What are key features of this property?
This property features: Duplex built in 1925; 3,344‑sqft structure; Huge lot size (15.375 sqft stated); call listing agent for details
