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1940 Ali Baba Ave, Opa-Locka FL 33054

Multi-family For Sale
$800,000

BTC: 12.47807952

ETH: 420.46840180

-$50K (2025/07/21)
474 days
0 room(s)
2,815 sqft

Overview

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.

Location

Florida • Opa-Locka • 33054 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1944
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$284
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$799,000
$383K – $815K
Confidence Low
List vs. estimate
At estimate
List $800,000 · +0.1%
List is in line with recent comparable activity.
Price per sq ft
$284
-24.4% vs. city median $375
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $380K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,352
2024
Parking
5 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 08-21-22-003-2270

    • Zoning: 6800

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $12,352

  • Source details

    • MLS ID: A11772033

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 2815

    • Subdivision Name: MAGNOLIA SUB

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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Market around this address

Live counts in the same area.
View all
This zip
33054
114
median $547K
Active
Same city
Opa-Locka
65
median $540K
Active
Same type
Multi-family
5
median $750K
Active
Similar price
$560K – $1.0M
12
median $722K
Active

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: Keller Williams Capital Realty