Multifamily in 1940 Ali Baba Ave Opa Locka for sale with MLS# A11763733
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.
1940 Ali Baba Ave, Opa Locka, FL 33054
Price
- Price:
- $800,000.00
- Previous Asking Price:
- $850,000.00
- Original List Price:
- $850,000.00
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11763733
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- July 21, 2025 11:36 am
Measures
- Built-Up Area:
- 2,815 Sqft
- Lot Area:
- 9,375 Sqft
- Lot Size Unit:
- Square Feet
Property Features
- Waterfront:
- No
Construction
- Year Built:
- 1944
- Number of Buildings:
- 2
- Number of Units Total:
- 5
- Levels:
- One
- Structure Type:
- Multifamily
- Stories:
- 1
Taxes and Expenses
- Tax Annual Amount:
- $12,352.00
- Tax Year:
- 2024
Parking
- Covered Spaces:
- 0
Community
- Senior Community:
- No
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
- Lease Considered:
- No
Zoning and Legal
- Tax Legal Description:
- 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
- Real Estate Folio Number (Parcel Number):
- 08-21-22-003-2270
- Zoning Description:
- 6800
Listing History
- Originally published on:
- March 17, 2025 4:42 pm
- Active on the market since:
- March 17, 2025
- Listing Agreement executed on:
- March 17, 2025
- Price change occurred on:
- July 21, 2025 11:36 am
- Listing Status Last Changed On:
- March 17, 2025 4:42 pm
- Photos updated on:
- March 17, 2025 9:00 pm
- Last Modified:
- April 10, 2026 5:07 pm
Additional Information
- Flood Zone:
- X
- Subdivision Number:
- 3
- Courtesy of:
- Keller Williams Capital Realty
- Attribution:
- Not provided
Location
- Street Name:
- Ali Baba Ave
- Street Number:
- 1940
- City:
- Opa Locka
- State:
- Florida
- Zip Code:
- 33054
- County:
- Miami-Dade
- Latitude:
- N25° 54' 37.5''
- Longitude:
- W81° 46' 3.2''
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$42,779
Median Home Value
$291,700
Median Rent
$1,346/mo
Median Age
34
Population
31,165
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
50
Good
☀️ O3
45
Good
🫁 PM2.5
50
Good
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