Multifamily in 1761 Ali Baba Ave Opa Locka for sale with MLS# A12017387
Compelling value-add multifamily investment opportunity with significant upside potential through renovation, repositioning, and lease stabilization. The property is currently underperforming with only one occupied month-to-month unit, creating a rare opportunity for investors seeking operational flexibility and future income growth. The asset offers investors the ability to implement a market-rate rental strategy, improve operations, and capitalize on long-term rental demand within the South Florida market.
1761 Ali Baba Ave, Opa Locka, FL 33054
Price
- Price:
- $1,300,000.00
- Original List Price:
- $1,300,000.00
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A12017387
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- May 12, 2026 10:51 am
Measures
- Built-Up Area:
- 3,980 Sqft
- Lot Area:
- 4,800 Sqft
- Lot Size Unit:
- Square Feet
Property Features
- Waterfront:
- No
Construction
- Year Built:
- 1958
- Number of Buildings:
- 1
- Number of Units Total:
- 6
- Levels:
- Two
- Construction Materials:
- Block
- Structure Type:
- Apartment, Multifamily
- Stories:
- 2
Taxes and Expenses
- Tax Annual Amount:
- $0.00
Parking
- Covered Spaces:
- 0
Community
- Senior Community:
- No
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
Zoning and Legal
- Tax Legal Description:
- 22 52 41 MAGNOLIA SUB PB 40-80 LOTS 13 & 14 BLK 11 LOT SIZE 50.000 X 96 OR 20583-2563 0802 1 COC 22842-2788 11 2004 1
- Real Estate Folio Number (Parcel Number):
- 08-21-22-003-1890
- Zoning Description:
- 0100
Listing History
- Originally published on:
- May 12, 2026 10:51 am
- Active on the market since:
- May 12, 2026
- Price change occurred on:
- May 12, 2026 10:24 am
- Listing Status Last Changed On:
- May 12, 2026 10:51 am
- Photos updated on:
- May 12, 2026 3:22 pm
- Last Modified:
- May 13, 2026 3:07 pm
Additional Information
- Flood Zone:
- X
- Municipal Code:
- 8
- Subdivision Number:
- 3
- Courtesy of:
- LPT Realty, LLC
- Attribution:
- Not provided
Location
- Street Name:
- Ali Baba Ave
- Street Number:
- 1761
- City:
- Opa Locka
- State:
- Florida
- Zip Code:
- 33054
- County:
- Miami-Dade
- Latitude:
- N25° 54' 42.8''
- Longitude:
- W81° 46' 9.9''
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)
35
Good
☀️ O3
30
Good
🫁 PM2.5
35
Good
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