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Waterfront · Single Family Residence
$395,000$506 / sqft
1035 Atlantic Ave, Opa-Locka FL 33054
Listed
2
Bedrooms
1
Bathrooms
780 sqft
Interior
1940
Year built
None
HOA
Single Family Residence
Type
About this home
PRICE REDUCTION — NOW $399,500! Move-in-ready 2/1 featuring a new kitchen, flooring, baseboards and water heater. Mini-splits provide individual room climate control for added comfort and efficiency. Enjoy a spacious fenced yard with plenty of possibilities. Excellent opportunity for an owner-occupant, first-time buyer or investor looking for an updated single-family home at a newly improved price. POTENTIAL 2027 PROPERTY TAX SAVINGS FOR OWNER-OCCUPANTS! If Florida Amendment 3 is approved by voters, qualified Homestead owners may be eligible for increased non-school Homestead tax benefits beginning in 2027. Buyer must qualify and should independently verify eligibility, exemptions and estimated taxes with the Miami-Dade Property Appraiser. Schedule your showing today! SEE BROKER REMARKS FOR SHOWING INSTRUCTIONS AND MORE INFORMATION.
Features
- First Floor Entry
- Other
- Canal
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 154 active listings; the middle half ask $2,400–$3,900.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.