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.
Property Details
Price:
$1,995,000
MLS #:
A11960255
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
NILE GARDENS SEC 2
Neighborhood:
nilegardenssec2
Listed Date:
Feb 5, 2026
Total Sq Ft:
20,750
Year Built:
1957
Units:
4
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central
Exterior
Architectural Style
Other
Construction Materials
CBS Construction
Parking Spots
4
Roof
Shingle
Financial
Tax Year
2025
Taxes
$5,050
Map
Community
- Address3160 NW 135th St Opa-Locka FL
- SubdivisionNILE GARDENS SEC 2
- CityOpa-Locka
- CountyMiami-Dade County
- Zip Code33054
Market Summary
Current real estate data for Multi Family in Opa-Locka as of Mar 07, 2026
5
Multi Family Listed
132
Avg DOM
243
Avg $ / SqFt
$984,000
Avg List Price
Property Summary
- Located in the NILE GARDENS SEC 2 subdivision, 3160 NW 135th St Opa-Locka FL is a Multi Family for sale in Opa-Locka, FL, 33054. It is listed for $1,995,000
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