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 res

13300 ALEXANDRIA DR, Opa-Locka

$14,400,000 USD
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      Address13300 ALEXANDRIA DR, Opa-Locka
      Building NameREV PLAT NILE GARDENS SEC
      Type of PropertyQuadruplex
      Property StyleQuadruplex
      Price$14,400,000
      Previous Price$15,200,000 (16 days ago)
      Property StatusActive
      MLS NumberA11824351
      Living Area66278
      Year Built1972
      Parking Space Number124
      Folio Number08-21-28-007-0230
      Zoning Information4400
      Days on Market22

      Detailed Description: 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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      Address Information
      StateFlorida
      CityOpa-Locka
      CountyMiami-Dade County
      Zip Code33054
      Address13300 ALEXANDRIA DR
      Section28
      Zip Code (4 Digits)4704
      Financial Information
      Price$14,400,000
      Price per Foot$0
      Previous Price$15,200,000
      Folio Number08-21-28-007-0230
      Tax Amount$204,682
      Tax Year2024
      Possession InformationNegotiable
      Full Descriptions
      Detailed DescriptionA 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.
      Roof DescriptionConcrete
      Floor DescriptionOther
      Cooling DescriptionCentral Air
      Heating DescriptionCentral
      Sewer DescriptionPublic Sewer
      Property parameters
      Living Area66278
      Zoning Information4400
      Year Built1972
      Type of PropertyQuadruplex
      StyleQuadruplex
      Building NameREV PLAT NILE GARDENS SEC
      Development NameREV PLAT NILE GARDENS SEC
      Construction TypeConcrete Block Construction
      Stories Number3.000
      Parking Space Number124
      Listed withCompass Florida, LLC.