Magnolia, 1940 Ali Baba Ave, Opa-Locka, FL 33054

850,000(-5.88% )
$800,000
Estimate Payment
2,815SqFt

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Details

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Status:
Active
Size: 2,815 SqFt (262 m2)
Price: $284/SqFt ($3,059/m2)
Type: Multi Family
Built: 1944
MLS Number: A11772033
On Site: 136 Days
Updated: 5 Days ago
Page Views: 0
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 17 total units for sale that includes three multi-families and two single families. Seller is open to selling them all together or separately.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1944
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-03-28T14:56:13.000-00:00
          Taxes, Fees & More
          • Taxes: 12352

          Price History

          07/21/2025

          Date

          Price Reduced

          Event

          $800K

          Price

          -5.88%

          Change Rate

          $284 ft2 / $3,059 m2

          Price Per

          03/27/2025

          Date

          Listed

          Event

          $850K

          Price

          $302 ft2 / $3,250 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Cristian Chavez • Keller Williams Capital Realty • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $200/ft²
          $400/ft²
          $500/ft²

          Unit 1940 Ali Baba Ave – Asking

          $284/ft²

          (-11%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $318/ft²
          Community $/Price Range (Closed) $250/ft² – $387/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
          THINKING OF SELLING IN Magnolia at Opa-Locka?

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