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Six-Unit Multifamily Property
For Sale
Contact for pricing
Pending

1777 Ali Baba Ave # 3, Opa Locka, FL 33054

Updated multifamily income property with separate water and electricity meters on annual leases.

Property SizeContact for details
Days on Market118

Property Features for 1777 Ali Baba Ave # 3

General Information

Standard status Pending
Property subtype Special Purpose
Occupancy 100%

Additional Details

Cap Rate 6%
Multifamily Units 6

Building Details

Tenancy Multi
Listing Agency: Green Lands Realty
Listed By: Laura Sanchez · License #3200886
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 6 at 10:27AM

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 for-sale multifamily property consists of 6 units and is currently operating at 100% occupancy on annual leases. Each unit has separate water and electricity metering, supporting tenant-level utility billing.

The property has been updated, including fresh paint, positioning it for straightforward management and continued rental income.

Located at 1777 Ali Baba Ave in Opa-Locka, Florida, the building’s configuration and separate meters are practical for investors seeking a residential income asset with defined utility responsibility per unit.

Key Highlights

  • 6‑unit multifamily property with 100% occupancy on annual leases
  • Estimated annualized gross rent of $97,800 with approximate 6% cap rate
  • Each unit has separate water and electricity meters

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
Multi-tenant
Tenancy

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 - Updated multifamily income property with separate water and electricity meters on annual leases.
Where is this apartment building located?
The property is located at 1777 Ali Baba Ave # 3 Opa Locka, FL.
What are key features of this property?
This property features: 6‑unit multifamily property with 100% occupancy on annual leases; Estimated annualized gross rent of $97,800 with approximate 6% cap rate; Each unit has separate water and electricity meters
(305) 450-5005 Call to check price and availability
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