1265 Sharazad Blvd

Opa-Locka, FL 33054

LEASE

THE ALPHA COMMERCIAL ADVISORS® IS PLEASED TO PRESENT BEL-AIR APARTMENTS: A PRISTINE, FULLY-RENOVATED AND STABILIZED 14-UNIT MULTIFAMILY ASSET LOCATED IN OPA-LOCKA, FL.

With a balanced mix of efficiently-sized 1BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and Section 8 tenants, this property offers a secure and durable investment perfect for cash-flow motivated buyers.

Step into this high-occupancy operation with minimal acquisition friction from completed 40-year building recertification, well-maintained grounds, and proven management model ripe for continued appreciation as the area remains a critical employment and transportation hub for the entire region.

Investment Highlights

  • Ideal unit mix with (6) 2BR-1BA units and (8) 1BR-1BA units 
  • Varied income profile with majority Section 8 annual tenancies (highly subsidized) in addition to flexible market-rate tenancies
  • Fully renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade
  • 40-Year Recertification Completed
  • All units individually metered for electric
  • Steady 92–100% occupancy from professional property management
  • Additional upside available by adding laundry income + upgrading finishes in remaining units

Neighborhood

Asset Type

Deal Type

Sale

Property Status

Available

Price

$ 2,700,000

Agent Contact Information

JAMIE ROSE MANISCALCO
jamie@thealphacomm.com
201-264-0113

Asset Type: Multifamily
Bldg Area: 6,594 SF
Price per SF Bldg: $421
Lot Size: 11,858 SF (0.27 acres)
Price per SF Land: $234
Zoning: R-3
Unit Count: 14
CAP Rate (In-Place): 7.17%
CAP Rate (Pro-Forma): 8.30%
Price per Door: $192,857
Rent Roll & Financials Available By Request

Jamie Rose Maniscalco

jamie@thealphacomm.com

201-264-0113

Opa-Locka, FL 33054
$ 0

Land Area: 29,179 SF (0.67 acres)
Zoning: R-3/Mixed-Use Overlay District
Max. Density: 45-100 units

Opa-Locka

West Palm Beach

Little River

Dania-Broward

LIBERTY CITY

OPA-LOCKA

Little Havana

Little River / West LITTLE RIVER

North Miami Beach/AVENTURA

North Miami

Buena Vista/Little Haiti

El Portal/Miami Shores