South Florida
Magnolia, 1761 Ali Baba Ave Opa-Locka, 33054
$1,300,000Price
3,980SqFt
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Size: 3,980 ft2 / 370 m2
Price: $327 ft2 / $3,516 m2
Built: 1959
MLS Number: A11533493
On Site: 280 Days
Updated: 40 Days ago
Page Views: 0
Attention investors! 6 unit multifamily property with 100% occupancy on annual leases consisting of 2 bedrooms with 1 bathroom each. This income producing property has an estimated gross annualized rent (gar) of $130,500 yielding an approximate 8.33% cap rate. Each unit has their separate water & electricity meter and the building was re-roofed in late 2021.
Price History
02/14/2024
Date
Listed
Event
$1.3M
Price
$327 ft2 / $3,516 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Laura Sanchez • Green Lands Realty • Buyer Agency Compensation .
Instant Comparative Market Analysis
$100/ft²
$200/ft²
$400/ft²
$600/ft²
Unit 1761 Ali Baba Ave – Asking
$327/ft²
(+21%) from Closed Medium $/ft²
Closed Medium $/ft²
$269/ft²
Community $/Price Range (Closed) $250/ft² – $450/ft²
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