Back to Search
Value-Add Multifamily Investment Opportunity

1940 Ali Baba Ave Opa Locka, FL 33054

1940 Ali Baba Ave, Opa Locka, FL, 33054
$800,000
For Sale
Claim this Listing
$800,000

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

Lot Size0.22 Acres
AddedMar 12
Days on Market126
Last RefreshJul 15 at 5:33 pm

Property Features for 1940 Ali Baba Ave

General Information

Standard status
Active
Lot size
0.22 Acres
Property subtype
Commercial

Building Details

Year Built
1944

Listing office 1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty

Listing date Mar 12, 2026

Source Elliman

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 1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty


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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Accounting Firm Pharmacy Skin Care Clinic (Bike/Boat/Book/etc) Store Spa & Massage Center Nail Salon (Bike/Boat/Book/etc) Store

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

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.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message