Bel-Air Apartments

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, low-maintenance investment perfect for 1031 Exchange buyers. 

Add to that, assumable debt is available, and the property has passed its 40-year recertification, further reducing acquisition friction. 

Investment Highlights

  • Ideal unit mix with (6) 2BR-1BA units and (8) 1BR-1BA units 
  • Varied income mix with (10) Section 8 (annual leases) and (4) 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
  • Assumable mortgage @ 6.4% interest
  • 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

Multi-Family

Deal Type

Sale

Property Status

Active

Price

$ 2,995,000

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

Asset Type: Multifamily
Bldg Area:                            6,594 SF
Lot Size:        11,858 SF (0.27 acres)
Zoning: R-3
Unit Count: 14
Rent Roll & Financials Available By Request

JAMIE ROSE MANISCALCO

President & Managing Broker

Jamie Rose Maniscalco

jamie@thealphacomm.com

201-264-0113

Opa-Locka, FL 33054
$ 790000

$70,000 (8.9%)

Bldg Area: 2,531 SF
Land Area: 6,875 SF
Zoning: I-1

Opa-Locka

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

OPA-LOCKA

Little Havana

Little River / West LITTLE RIVER

North Miami

Buena Vista/Little Haiti

El Portal/Miami Shores

Homestead

North Miami Beach/AVENTURA