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$2,695,000

1265 Sharazad, Opa Locka FL, 33054

Price per sqftN/A
Built in1965
Property typeCommercial
Courtesy of Jamie Maniscalco with The Alpha Commercial Advisors LLC

Overview

Active

Listed May 18, 2025

Updated 13 days ago

PRESENTING 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 bldg. 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 flexible market-rate 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 100% occupancy from professional property management Additional upside available by adding laundry income + upgrading finishes in remaining units -Price Per Door: $192,500 -In-Place CAP: 7.22% -Pro-Forma CAP: 8.36% -Current Occupancy: 100% NEW lease was signed for Section 8 tenant at $2,262/month, highest rent for the building.

Additional information

MLS® ID
A11805333

Interior Features

Basement
No

Exterior Features

Lot Size
0.27 Acres
MLS provider logo

Courtesy of The Alpha Commercial Advisors LLC, Jamie Maniscalco,
Listing Contact: 201-264-0113 

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/18/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 4:24 AM UTC, 10/18/2026

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