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2405 NW 135th Street, Opa-Locka, FL 33167

$20,100,000
Property Type: Commercial Sale Square Footage: 86,038 Status: Closed
Current Price: $20,100,000 List Date: 5/09/2023 Last Modified: 12/25/2025

Description

112 Unit North Miami/Opa-Locka Multi-Family Portfolio. 2621 NW 135th St & 2405NW 135th St. 18-units plus 94 units. Concrete construction, new roof, meticulously maintained and operated, no deferred maintenance. All units have central a/c, renovated kitchens and spaces, and a gated parking lot with parking for all tenants. Elevator and Laundry facilities on site. Just passed 40 yr certification.

More Information MLS# A11385067

Contract Information

Comp Sale YN: No Listing Date: 2023-05-09 Status: Closed Original List Price: 22400000 Sold Price: $20,100,000 Current Price: $20,100,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Opa Locka Postal Code: 33167 Subdivision Number: 11 Flood Zone: AE Country: United States Street Number: 2405 Street Direction Prefix: NW Street Name: 135th Street Suffix: Street State Or Province: FL Postal Code +4: 1336 Area: 2210 Parcel Number: 0821220110100 Zoning: 4400

General Property Information

Number Of Buildings: 2 Price Per Unit: 200000 Occupant Type: Call Listing Agent Lot Size Area: 79750 Stories Total: 3 Property Sub Type: Multi Family Building Area Main: 86038 Year Built: 1969 Lot Size Acres: 2.2

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2023-09-18T22:03:54Z Major Change Type: Status Change Status Change Date: 2024-03-05 Under Contract Date: 2023-09-18 Close Date: 2023-09-18 Close Price: 20100000

Parking Features

Common: 1

Documents Available

Rent Rolls: 1

Possession

Close Of Escrow: 1

Heating

Electric: 1

Sale Includes

Building: 1 Land: 1

Construction Materials

Block: 1

Listing Terms

Cash: 1 Conventional: 1

Income and Expenses

Gross Income: 1862604 Real Estate Taxes: 166739 Total Expenses: 547415 Utilities Expense: 175966 Vacancy Allowance Rate: 0 Occupancy Percentage: 100 Insurance Expense: 48404 Maintenance Expense: 103924 Net Operating Income: 1315189 Other Expense: 4689 Professional Management Expense: 47692

Cooling

Central Building: 1

Showing Requirements

24 Hour Notice: 1

Buyer Details

Intended Use: Investment Buyer State: Florida Zip Code: 33196

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0100

Financial Information

Tax Annual Amount: 148252 Tax Legal Description: COMMUNITY GARDENS PB 31-5 LOTS 14 THRU 24 BLK 150 LOT SIZE 58000 SQUARE FEET COC 25605-0114 04 2007 2

Originating Details

Originating System Key: 381841487 Originating System ID: M00000151

Property Features

Documents Available: Rent Rolls Heating: Electric Parking Features: Common Possession: Close Of Escrow Sale Includes: Building; Land Construction Materials: Block Cooling: Central Building Listing Terms: Cash; Conventional Showing Requirements: 24 Hour Notice
Listing Office: Fausto Commercial Realty Consultants Inc
Last Updated: December - 25 - 2025
2405 NW 135th Street, Opa-Locka, FL 33167- MLS# A11385067
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