2070 Ali Baba Ave
Opa-Locka, FL 33054
- – beds
- – baths
- – sqft
- 9,375 sqft lot
- – on site
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.
Listing courtesy of MLSM / Fausto Commercial Realty Consultants Inc
Last checked:
Checking…
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Last updated Jan 8, 2025
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MLS# A11719297 —
Financial & Terms
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Lease Considered:false
The Property
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Parcel Number:08 21 22 003 2120
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Property Type:Land
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Property Subtype:MultiFamily
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Property Subtype Additional:MultiFamily
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Zoning Description:6300
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Lot Features:LessThanOneAcre
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Lot Size Area:9375.0
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Lot Size Acres:0.215
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Lot Size SqFt:9,375 Sqft
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Lot Size Dimensions:100x100
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Lot Size Units:SquareFeet
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Waterfront:false
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Road Responsibility:PublicMaintainedRoad
Listing Agent
- Contact info:
- Agent phone:
- (786) 805-7408
- Office phone:
- (305) 431-2258
Taxes
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Tax Year:2024
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Tax Annual Amount:$23,808
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Tax Legal Description:22 52 41 MAGNOLIA SUB PB 40-80 LOTS 28-29 & 30 BLK 12 LOT SIZE 75.000 X 125 OR 19252-0817 0800 1 COC 24084-1986 12 2005 1
The Listing
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Virtual Tour Unbranded:
Utilities
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Utilities:CableAvailable, ElectricityAvailable, Other
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Sewer:PublicSewer
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Water Source:Public
The Community
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Subdivision Name:Magnolia Sub
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/7/25
Jan 7, 2025
|
Listed / Active | MLSM | $1,440,000 |