Active

1940 Ali Baba Ave

Opa Locka, FL 33054

$800,000 $3,372/Mo

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Overview

Bed

Bath

2,815

Sqft

Description

Great value add investment opportunity! Units are currently rented under market value. Three units are 2 bed/1 bath, one unit is 1 bed/1 bath and the single family is 3 bed/1 bath. Both must be sold together as they share the lot/parking. Great potential to increase the rent for a significantly higher monthly income. All tenants are month to month. This is a part of a portfolio of 11 total units for sale that includes two multi-families and one single family. Seller is open to selling them together or separately.

Property Details

Property Type : ResidentialIncome

Price : $800,000

AD Id : 63623159

MLS Id : A11772033

Beds : 10

Living Area Size : 2,815

Year Built : 1944

County : Miami-Dade

Subdivision: Magnolia

Map

Features

Interior Features

Roof: Other
Heating & Cooling

Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

Building Information

Year Built: 1944

Building Area Total: 2815

Construction Materials: Block

Stories: 1

Pool Features: None

Private Pool: No

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: MAGNOLIA SUB Source Property Type: ResidentialIncome Postal Code Plus 4: 2887 Zoning Description: 6800 Property SubType: Quadruplex Levels: One Property Age: 82

Listing Price Information

Listing Price: $800000

Original Price: $850000

Cash, Conventional

Tax Information

Parcel Number: 08-21-22-003-2270 Tax Year: 2024 Annual Tax: $12352 Tax Legal Desc: MAGNOLIA SUB PB 40-80 LOT 7 BLK 13 LOT SIZE 25.000 X 125 COC 22340-3965 22525-0341 0504 1 COC 25224-1102 12 2006 1

Parking Information

Parking Total: 5

Utility Information

CableNotAvailable
Location Information

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ByOwner last updated this listing 06/12/2026 @ 03:26

MLS: A11772033 LISTED BY: Cristian Chavez, Keller Williams Capital Realty 305-662-7325 SOURCE: SEFMIAMI