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$2,695,000
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Property Description
PRESENTING BEL-AIR APARTMENTS: A PRISTINE, FULLY-RENOVATED AND STABILIZED 14-UNIT MULTIFAMILY ASSET LOCATED IN OPA-LOCKA, FL. With a balanced mix of efficiently-sized 1BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and Section 8 tenants, this property offers a secure and durable investment perfect for cash-flow motivated buyers. Step into this high-occupancy operation with minimal acquisition friction from completed 40-year bldg. recertification, well-maintained grounds, and proven management model ripe for continued appreciation as the area remains a critical employment and transportation hub for the entire region. INVESTMENT HIGHLIGHTS Ideal unit mix with (6) 2BR-1BA units and (8) 1BR-1BA units Varied income profile with majority Section 8 annual tenancies flexible market-rate tenancies (highly subsidized) in addition to flexible market-rate tenancies. Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade 40-Year Recertification Completed All units individually metered for electric Steady 100% occupancy from professional property management Additional upside available by adding laundry income + upgrading finishes in remaining units -Price Per Door: $192,500 -In-Place CAP: 7.22% -Pro-Forma CAP: 8.36% -Current Occupancy: 100% NEW lease was signed for Section 8 tenant at $2,262/month, highest rent for the building.
Full Property Details
Full Property Details for 1265 Sharazad Blvd
General
- Price: $2,695,000
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11805333
- Updated: 10/15/2026
- Added to Site: 527 day(s) ago
Business
- Business Type: Apartments
Location
- County: Miami-Dade County
Structural Information
- Detached/Attached: Detached
- Building Size: 6594
- Year Built: 1965
Lot Features
- Lot Size (Sq. Ft.): 11,858
- Zoning: 4400
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: PL NO 1 OPA LOCKA PB 25-44 LOTS 13 & 14 BLK 13 LOT SIZE 11858 SQUARE FEET OR 10680-1781 0280 1
- Property ID: 08-21-21-002-2350
Listed by The Alpha Commercial Advisors LLC
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Schools
Schools serving 1265 Sharazad Blvd
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Dr. Robert B. Ingram/Opa-Locka Elementary School 600 Ahmad St, Opa-locka, FL 33054 | PK-5 | 0.1 mi |
North Dade Middle School 1840 Nw 157th St, Miami Gardens, FL 33054 | 6-8 | 1.2 mi |
Hialeah-Miami Lakes Senior High School 7977 West 12th Avenue, Hialeah, FL 33014 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1265 Sharazad Blvd
Date
Details
Price
Change
Source
10/15/2026
Price Reduced
$2,695,000
-0.19%
MLS
7/30/2026
Price Reduced
$2,700,000
-2.77%
MLS
2/17/2026
Price Reduced
$2,777,000
-0.64%
MLS
9/15/2025
Price Reduced
$2,795,000
-6.68%
MLS
7/09/2025
Price Reduced
$2,995,000
-9.1%
MLS
5/18/2025
Listed
$3,295,000
73.42%
MLS
4/28/2022
Sold
$1,900,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1265 Sharazad Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$35,677
11%
$1,368,000
6%
2024
$32,169
5%
$1,290,000
7%
2023
$30,587
93%
$1,210,000
64%
2022
$15,868
7%
$740,000
14%
2021
$14,833
—
$650,000
40%
2021
$14,833
30%
$463,000
5%
2019
$11,374
12%
$440,000
10%
2018
$10,138
8%
$400,000
3%
2017
$9,366
4%
$390,000
15%
2016
$8,963
13%
$338,800
10%
2015
$7,946
11%
$308,000
10%
2014
$7,147
5%
$280,000
8%
2013
$6,785
—
$260,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1265 Sharazad Blvd
1265 Sharazad Blvd, Opa-Locka, FL 33054 (MLS# A11805333) is a Apartment property. 1265 Sharazad Blvd is currently listed for $2,695,000 and was received on May 18, 2025. Want to learn more about 1265 Sharazad Blvd? Do you have questions about finding other Apartment real estate for sale in Opa-Locka? You can browse all Opa-Locka real estate or contact a Coldwell Banker agent to request more information.

