Land in Opa-Locka, FL 33054Magnolia, 2070 Ali Baba Ave
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OFF MARKET
$1,440,000
0.22
AcreStatus
OFF MARKETExpired
Size
0.22 Acres (871 m2)
Price
$6,545,455/Acre ($1,653/m2)
Type
Land
MLS Number
A11719297
On Site
576 Days
Updated
475 Days ago
Page Views
0
Incredible Investment Opportunity – Thriving Opa-Locka Neighborhood
This Multifamily property offers a prime opportunity in the rapidly growing Opa-Locka area, benefiting from significant demographic improvements driven by migration from Hialeah and surroun... Read more
Features
All features
- Property SqFt: 9375
- Remarks: Incredible Investment Opportunity – Thriving Opa-Locka Neighborhood This Multifamily property offers a prime opportunity in the rapidly growing Opa-Locka area, benefiting from significant demographic improvements driven by migration from Hialeah and surrounding neighborhoods. - Unit Mix: - 6 units: 2-bedroom, 1-bath - 2 units: 1-bedroom, 1-bath - Additional Features: - On-site laundry room - Renovated and well-maintained units - Recent sales in the area have reached $180K per door - Positioned at an attractive 9% Proforma Cap Rate This property combines strong rental income potential with the promise of continued appreciation in a thriving market.
- Internet Remarks: Incredible Investment Opportunity – Thriving Opa-Locka Neighborhood This Multifamily property offers a prime opportunity in the rapidly growing Opa-Locka area, benefiting from significant demographic improvements driven by migration from Hialeah and surrounding neighborhoods. - Unit Mix: - 6 units: 2-bedroom, 1-bath - 2 units: 1-bedroom, 1-bath - Additional Features: - On-site laundry room - Renovated and well-maintained units - Recent sales in the area have reached $180K per door - Positioned at an attractive 9% Proforma Cap Rate This property combines strong rental income potential with the promise of continued appreciation in a thriving market.
- Waterfront: No info
- Days on Market: 101
- Office Name: Campos Commercial Real Estate LLC
- Area: 9375
- Taxes: 23808
- Tax Year: 2024
- Listing Date: 2025-01-07T11:24:55.000-00:00
- Lot Size Square Feet: 9375
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
01/07/2025
Listed
$1.4M
$154 ft2
$1,653 m2
01/07/2025
$1.4M
Event
Listed
Price Per
$154 ft2
$1,653 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Francisco Campos • Campos Commercial Real Estate LLC • Buyer Agency Compensation .
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Community Snapshot
825 - 6,207
SqFt Range
1959
Year Build
Opa-Locka Entry-Level Entry-Level Homes & Condos
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