1761 Ali Baba Ave Opa Locka, FL 33054

Building Details

Year Built

1958

Listing office m**@realhomeadvisor.com Show Phone

Listing date May 12, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This multifamily property presents a value-add investment opportunity with potential for income growth through renovation, repositioning, and lease stabilization. Currently, the property is underperforming, with only one unit occupied on a month-to-month basis. This situation offers investors operational flexibility. The property allows for the implementation of a market-rate rental strategy and improved operations, taking advantage of rental demand within the South Florida market. The bike score is 38, indicating it is somewhat bikeable. The walk score is 29, indicating car dependence. The transit score is 35, indicating some transit options are available.

Key Highlights

• Significant upside potential through renovation and repositioning.
• Opportunity to implement a market‑rate rental strategy.
• Rare opportunity for operational flexibility.

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FAQs

What type of property is this?

Multifamily property - Value-add multifamily property with upside potential through renovation and repositioning.

Where is this multifamily property located?

The property is located at 1761 Ali Baba Ave Opa Locka, FL.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Significant upside potential through renovation and repositioning.; Opportunity to implement a market‑rate rental strategy.; Rare opportunity for operational flexibility.