Redevelopment and Income Generating Opportunity in Opa-Locka
This offering includes 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.
Premier Real Estate Sales Inc.
Features & Details
Learn about the features and details of 3160 NW 135TH ST
Discover this beautiful residential in the heart of Nile Gardens, Opa-Locka. Offered at $1,995,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 3160 NW 135TH ST
How many bedrooms and bathrooms does this home have?
There are bedrooms and bathrooms in this Other at 3160 NW 135TH ST, MLS® A11931734.
What are annual taxes for 3160 NW 135TH ST?
Annual taxes for this home are $4,948 based on 2025 tax year reports.
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