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1761 Ali Baba Ave, Opa-Locka FL 33054

Commercial For Sale
$1,150,000

BTC: 17.98279906

ETH: 604.42332759

-$150K (2026/07/10)
81 days
0 room(s)

Overview

Compelling value-add multifamily investment opportunity with significant upside potential through renovation, repositioning, and lease stabilization. The property is currently underperforming with only one occupied month-to-month unit, creating a rare opportunity for investors seeking operational flexibility and future income growth. The asset offers investors the ability to implement a market-rate rental strategy, improve operations, and capitalize on long-term rental demand within the South Florida market.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1958
Lot:
4800 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$877,500
$482K – $1.2M
Confidence Low
List vs. estimate
$272K above estimate
List $1,150,000 · +31.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $363K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Lot

    • Lot: 4800 Square Feet

    Other Property Information

    • Parcel Number: 08-21-22-003-1890

    • Zoning: 0100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A12017387

    Other facts

    • Construction Materials: Concrete Block Construction

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT Realty, LLC