3160 Nw 135th St, Opa-Locka, FL 33054

$1,795,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,795,000
Price Change
▼ $200,000 1783552937
MLS#
A11960255
Subtype
Quadruplex
County
Miami-Dade
Community
Nile Gardens Sec 2
Subdivision
Nile Gardens Sec 2
Year Built
1957

Property Description

Redevelopment and Income Generating Opportunity in Opa-Locka This offering comprises three adjacent lots totaling 20,750 sq. ft. with 150 linear feet of frontage along NW 135th Street and 32nd Avenue in the City of Opa-Locka. One parcel features a 4-unit building with new roof as of 9/2025, currently leased to month-to-month tenants at below-market rents, generating approximately $60,000 in annual gross income. The other two parcels are vacant, providing significant development potential alone or adding the adjacent building's lot. Located within Opa-Locka’s mixed-use corridor, the property benefits from as-of-right zoning that permits up to 71 residential units across 8 stories for market-rate tenancy. The site is within walking distance of the Amazon distribution center and mass transit stops, adding strong appeal for future residents. Preliminary site plans have been prepared for both a 69-unit/80 Parking space development and a smaller 28-unit/30 Parking space project, offering flexibility for investors and developers. the property also qualifies for other commercial and retail zoning applications, creating additional opportunities for mixed-use development. Discussions with city officials have already taken place, and they are enthusiastic about welcoming a strong project to the area. Incentives may be available to support development.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
1
Construction
CBS Construction
Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central
Lot Description
1/4 To Less Than 1/2 Acre Lot
Roof
Shingle
Taxes
$5,050
Total Floors
1
Stories
1
Roofing
Shingle

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of Premier Real Estate Sales Inc., Contact: