Opa-locka Apartment Buildings for Sale
The best Opa-locka investment decision starts before you buy.
Live BeachesMLS listings matching this search in Opa-locka, Florida, updated throughout the day.
Apartment buildings in Opa-locka are small by county standards: one and two story buildings from the fifties and sixties with six units to a little over a dozen, most of them one and two bedroom apartments, listed as commercial multifamily. Listings describe new roofs and rewired electrical systems in some, rents below the market, and a mix of market rate and housing assistance tenants in others. At five units and up the loan is commercial and the building is underwritten on its income, so ask for certified operating statements, the rent roll and the leases before you offer on an Opa-locka building.
1 listings, newest first.
The Numbers on These Listings
Straight from the MLS, updated through the day. Income and capitalization rates are what the listing agent published, not audited figures: treat them as the start of underwriting, and ask for certified operating statements before you offer. No agent on this page has published operating income, which is normal for smaller buildings; ask BreakThru Realty and we will request the rent roll.
| Property | Price | Units | Per unit | Income | Cap rate | Taxes | HOA | Days on market |
|---|---|---|---|---|---|---|---|---|
| 2013 Washington Avenue (reduced from $725,000) | $695,000 | 6 | $115,833 | — | — | $17,990 | — | 393 days |
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BreakThru Realty sends new income property matching this search as it comes on the market, and will underwrite any listing with you: the rents in place, the taxes as they reset on sale, insurance quoted today, and what comparable buildings actually traded for.
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Opa-locka housing market report · Opa-locka Rentals: Homes & Apartments for Rent