$1,795,000
3160 NW 135th St, Opa-Locka FL 33054
268 days on marketPrice reduced $200,000 on Jul 8, 2026
- Type
- Quadruplex
- Year built
- 1957
- Taxes
- $5,050/yr
- MLS #
- A11960255
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.
Estimated subtotal
$421/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $421
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Opa-Locka, 33054
Listing courtesy of Premier Real Estate Sales Inc.
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.