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Six-Unit Multifamily Building
For Sale
Contact for pricing
Pending

1777 Ali Baba Ave 1-6, Opa Locka, FL 33054

Six-unit multifamily property with separate water and electricity metering for each unit.

Property SizeContact for details
Days on Market117

Property Features for 1777 Ali Baba Ave 1-6

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Financials

Cap Rate 8.32%
Business Included Yes

Additional Details

Multifamily Units 6
Listing Agency: Green Lands Realty
Listed By: Laura Sanchez · License #3200886
Source: Crexi
Added: Apr 12 Changed: Jul 20 Last Checked: Aug 6 at 2:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Green Lands Realty

Investment Insights

Based on property information with market context.

This six-unit multifamily property is offered for sale as an income-producing building. The property features separate water and electricity meters for each unit and is described as updated, freshly painted, and more.

The seller notes 100% occupancy on annual leases.

The available information indicates the property operates with annual lease terms and supports individual unit utilities, which can simplify tenant billing and maintenance accounting.

Key Highlights

  • Six‑unit multifamily property with 100% occupancy on annual leases
  • Estimated annualized gross rent of $101,100 with an approximate 8.32% CAP rate
  • Separate water and electricity meters for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Spa & Massage Center Hair Salon Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

580
Businesses Nearby

Demographics for 33054, FL

30,352
Population
10,263
Households
3
Avg Household Size
37
Median Age
10%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
3,613
Density / Sq Mi
$42,779
Median Household Income
$31,147
Median Earnings
$1,346
Median Rent
$291,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit multifamily property with separate water and electricity metering for each unit.
Where is this apartment building located?
The property is located at 1777 Ali Baba Ave 1-6 Opa Locka, FL.
What are key features of this property?
This property features: Six‑unit multifamily property with 100% occupancy on annual leases; Estimated annualized gross rent of $101,100 with an approximate 8.32% CAP rate; Separate water and electricity meters for each unit
(305) 450-5005 Call to check price and availability
More about this property
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