8-Unit Apartment Building
For Sale
Contact for pricing
Pending
2047 Lincoln Ave, Opa Locka, FL 33054
Two adjacent apartment buildings feature separately metered utilities and fully rented units.
Property SizeContact for details
Days on Market147
Property Features for 2047 Lincoln Ave
General Information
Standard status
Pending
Property subtype
Special Purpose
Occupancy
100%
Financials
Asking Price
$965,000
Cap Rate
6.28%
Additional Details
Multifamily Units
8
Building Details
Buildings
2
Listing Agency:
Fortune International Realty
Listed By:
Jordan Casanas · License #3310814
(305) 244-8060
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 11:06PM
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 Fortune International Realty
Investment Insights
Based on property information with market context.
This apartment portfolio comprises two adjacent multifamily buildings in Opa-Locka, Florida, with 8 units leased across the properties. Each unit has its own water meter and electric meter, providing independent utility measurement for the residences.
The sale references 2047 Lincoln Ave and 2050 Lincoln Ave and is offered as a portfolio transaction. All units are currently rented, and the property carries a 6.28% cap rate. The location is just outside Miami, placing the buildings within the broader South Florida market.
The sale references 2047 Lincoln Ave and 2050 Lincoln Ave and is offered as a portfolio transaction. All units are currently rented, and the property carries a 6.28% cap rate. The location is just outside Miami, placing the buildings within the broader South Florida market.
Key Highlights
- 8 units, all currently rented
- Two adjacent multifamily buildings included in the portfolio
- Independent water meters for every unit
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two adjacent apartment buildings feature separately metered utilities and fully rented units.
Where is this apartment building located?
The property is located at 2047 Lincoln Ave Opa Locka, FL.
What are key features of this property?
This property features: 8 units, all currently rented; Two adjacent multifamily buildings included in the portfolio; Independent water meters for every unit
