Price Reduced Listing
$615,000
 $3,301 est/mo Sourced by Back At You

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Description

Turnkey income opportunity in Opa-locka: a fully rented, single-story 4-unit building generating steady income. All four units are legal and occupied, delivering immediate cash flow from day one with no lease-up risk. The unit mix is built for steady demand: three comfortable 1-bed/1-bath apartments plus a larger 2-bed/1-bath, appealing to a broad tenant pool in one of Miami-Dade's most rental-hungry submarkets. Each unit is separately metered for electricity. On-site parking is a real advantage here: 5 dedicated spaces plus additional off-street parking, a premium amenity that keeps units leased and tenants happy.

Details

MLS #A12061837
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1959
Days On Site28
Listing Provided ByThe R E Experts of South Fla | Alicia Hayes

Features

SQ Feet2,189
Story(s)1
Zoning5700

Exterior

Lot FeaturesLess Than Quarter Acre

Taxes

Tax Annual Amount13568

Area Information

StateFL
CountyMiami Dade
CityOpa Locka
Zip Code33054
Area21
Community NameMAGNOLIA SUB
Listing VS Median (in MAGNOLIA SUB)
Price:
$615,000
low | high
Med:
$1,850
100% of Average
sqft:
2,189
low | high
Med:
700
100% of Average
$ / sqft:
$281
low | high
Med:
$3
100% of Average
On site:
28
low | high
Med:
150
18.666666666667% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMiami Dade
CityOpa Locka
Zip Code33054
Area21
Community NameMAGNOLIA SUB
Listing VS Median (in MAGNOLIA SUB)
Price:
$615,000
low | high
Med:
$1,850
100% of Average
sqft:
2,189
low | high
Med:
700
100% of Average
$ / sqft:
$281
low | high
Med:
$3
100% of Average
On site:
28
low | high
Med:
150
18.666666666667% of Average
Sourced by Back At You
Listing Updated: August 25, 2026 at 11:43:56 AM PDT