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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

13300 ALEXANDRIA DR, OPA-LOCKA, FL 33054

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Multi Family - REV PLAT NILE GARDENS SEC for Sale

13300 ALEXANDRIA DR, OPA-LOCKA, FL 33054

Asking Price$14,400,000 Change Price$800,000

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  • Days on market:

    6 day(s)
  • Adjusted Area:

    66278 sqft
  • Original Price:

    $15,200,000
  • Price per sqft:

    $217.27
  • Tax Legal Description:

    28-29 52 41 1.84 AC REV PLAT MILE GARDENS SEC 1 N250FT OF S2018.51FT TRACT 303 LOT SIZE 80125 SQ FT OR 15607-0637 0692 1 COC 25596-1197 04 2
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Construction Type:

    Concrete Block Construction
  • Roof:

    Concrete
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Other
  • Lot Features:

    1 To Less Than 2 Acre Lot
  • Type of Association:

    None

Description

$14,400,000 • living size area 66278 sqft

A rare opportunity to acquire a well-positioned, income-producing multifamily asset in a high-demand submarket. this 72- unit garden-style apartment complex spans approximately 66,975 rentable square feet across a 1.84-acre lot, zoned r-3 for multifamily residential use. constructed in 1972, the property consists of a mix of one-, two-, and three-bedroom units with significant in-place cash flow and demonstrated rental upside. strategically situated near major economic drivers—including the amazon mega warehouse—the current rent roll generates $133,838 in monthly income, with pro format market rents reaching $152,518, and potential section 8-supported rents as high as $159,446 per month.
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