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    1940 Ali Baba Ave Opa Locka, FL 33054

    For Sale
    $800,000

    Multi Family - Opa-Locka, FL

    Type:Single Family Attached
    Days on Market:
    66
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 1940 Ali Baba Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    6800
    APN
    08-21-22-003-2270

    Building Details

    Year built
    1944
    Number of units
    5
    Architectural style
    Other

    1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty (305) 662-7325 [email protected]

    Listing agent Cristian Chavez (305) 662-7325 License #3352712

    Listing date Oct 2, 2025

    MLS# A11763733 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Opa-Locka Multifamily Investment Opportunity

    This multifamily property in Opa-Locka, Florida, presents a value-add investment opportunity. The property consists of three 2-bedroom, 1-bath units, one 1-bedroom, 1-bath unit, and a single-family home with 3 bedrooms and 1 bath. The units are currently rented under market value, offering the potential to increase rental income. All tenants are on month-to-month leases. The properties must be sold together as they share the lot and parking. This property is part of a portfolio of 11 total units for sale, including two multi-family properties and one single-family home. The seller is open to selling the properties together or separately. The zoning is 6800.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Opa Locka
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.232449
    Latitude
    25.910407

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property in Opa-Locka, great potential to increase income.
    Where is this apartment building located?
    The property is located at 1940 Ali Baba Ave Opa Locka, FL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Value-add investment opportunity with potential for significantly higher monthly income through rent increases.; - Includes a single-family home (3 bed/1 bath) and four rental units (three 2 bed/1 bath, one 1 bed/1 bath).; - All tenants are month-to-month, providing immediate flexibility for rent adjustments or property improvements.
    (305) 662-7325
    Request Owner's contact information
    1940 Ali Baba Ave Opa Locka, FL 33054
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    Opa Locka, FL 33054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1940 Ali Baba Ave Opa Locka, FL 33054
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