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 (8 days ago)
Property StatusActive
MLS NumberA11824351
Living Area66278
Year Built1972
Parking Space Number124
Folio Number08-21-28-007-0230
Zoning Information4400
Days on Market14

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.