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
Price:
$800,000
MLS #:
A11772033
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
MAGNOLIA SUB
Neighborhood:
magnoliasub
Listed Date:
Mar 28, 2025
Finished Sq Ft:
2,815
Total Sq Ft:
2,815
Year Built:
1944
Units:
5
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Tile
Heating
Window/Wall
Exterior
Architectural Style
Detached
Construction Materials
CBS Construction
Parking Spots
5
Roof
Other
Financial
Tax Year
2024
Taxes
$12,352
Map
Community
- Address1940 Ali Baba Ave Opa-Locka FL
- SubdivisionMAGNOLIA SUB
- CityOpa-Locka
- CountyMiami-Dade County
- Zip Code33054
Market Summary
Current real estate data for Multi Family in Opa-Locka as of Mar 07, 2026
5
Multi Family Listed
132
Avg DOM
243
Avg $ / SqFt
$984,000
Avg List Price
Property Summary
- Located in the MAGNOLIA SUB subdivision, 1940 Ali Baba Ave Opa-Locka FL is a Multi Family for sale in Opa-Locka, FL, 33054. It is listed for $800,000
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