Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: salvador castaner, mariluz castaner
Office: premier real estate sales inc.
MLS#:A11960255
Source:SEFMLS
Price summary
- Price:$1,995,000
- Price per sq. ft.:$96.14
About this home
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.
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Home facts
- Year built:1957
- Listing ID #:A11960255
- Updated:February 06, 2026 at 03:56 AM
Rooms and interior
- Living area:20,750 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1957
- Building area:20,750 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,995,000
- Price per sq. ft.:$96.14
- Tax amount:$5,050 (2025)
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