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
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
5
Parking Total
5
Roof
Other
Stories
1
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
Subdivisions in Opa-Locka
- BUNCHE PARK 1 ADDN
- COMMUNITY GARDENS
- CURTISS PARK
- EAST VIEW GARDENS
- Lake Vue Villas Condo
- LONG ESTATES
- MAGNOLIA GARDENS CONSOLID
- MAGNOLIA GARDENS CONSOLID,MAGNOLIA GARDENS
- MAGNOLIA SUB
- NILE GARDENS SEC 1
- NILE GARDENS SEC 2
- NILE GARDENS SEC 2 RESUB
- OPA LOCKA 2ND REV PL
- OPA LOCKA 2ND REV PLAT NO
- OPA LOCKA CENTER
- OPA LOCKA NO 2
- OPA LOCKA PL NO 3
- OPA LOCKA PLAT NO 3 REV
- PLAT NO 1 OPA LOCKA
- REV PLAT NILE GARDENS SEC
- Richards first
- SUPERIOR GARDENS
- THE ARABIAN ARMS CONDO
- VILLA BISCAYA JARDINES CO
- VILLA BISCAYA JARDINES CO,VILLA BISCAYA JARDIN
Market Summary
Current real estate data for Multi Family in Opa-Locka as of Apr 27, 2026
6
Multi Family Listed
156
Avg DOM
299
Avg $ / SqFt
$911,333
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 To schedule a showing of MLS#a11772033 at 1940 Ali Baba Ave in Opa-Locka, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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