Price Reduced 10.03%

$1,795,000

Est. Mortgage $8,610/mo *

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Price History

$1,995,000
12/19/2025

$1,795,000
7/8/2026

3160 NW 135th Street, Opa-Locka, FL, 33054

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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 public 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.

Status:

Active

Type:

Lot / Acreage

Zoning:

6800

Subdivision:

NILE GARDENS SEC 2

Lot Size:

20750

Acreage:

0.48

Est. Taxes:

$4,948

Utilities

Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Elementary School:

Dr. Robert B. Ingram

Middle School:

North Dade

High School:

Miami Central

Days on Market:

201

MLS #:

A11932022

Community Info

School Info

Walk Score

Yelp

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