1940 Ali Baba Ave Opa Locka, FL 33054

Building Details

Year Built

1944

Listing Agency 1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty M***@gmail.com Show Phone

Listed by Cristian Chavez · License #3352712 Show Phone

Source Elliman

Added: Mar 12 Checked: Jul 17 at 8:10 am

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Investment Insights

Based on property information with market context.

This offering presents a value-add investment opportunity consisting of a multifamily property and a single-family home. The multifamily property includes three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The single-family home features 3 bedrooms and 1 bath. The units are currently rented below market value, presenting an opportunity to increase rental income. All tenants are currently on month-to-month leases. The properties share a lot and parking area and must be sold together. 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.

Key Highlights

• Value‑add investment opportunity with potential for increased rental income.
• Units currently rented below market value.
• Portfolio sale option: part of a larger 11‑unit portfolio.

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FAQs

What type of property is this?

Multifamily property - Multifamily and single-family property with value-add potential.

Where is this multifamily property 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 increased rental income.; Units currently rented below market value.; Portfolio sale option: part of a larger 11‑unit portfolio.