Incredible Investment Opportunity – Thriving Opa-Locka Neighborhood
This Multifamily property offers a prime opportunity in the rapidly growing Opa-Locka area, benefiting from significant demographic improvements driven by migration from Hialeah and surrounding neighborhoods.
– Unit Mix:
– 6 units: 2-bedroom, 1-bath
– 2 units: 1-bedroom, 1-bath
– Additional Features:
– On-site laundry room
– Renovated and well-maintained units
– Recent sales in the area have reached $180K per door
– Positioned at an attractive 9% Proforma Cap Rate
This property combines strong rental income potential with the promise of continued appreciation in a thriving market.
This Multifamily property offers a prime opportunity in the rapidly growing Opa-Locka area, benefiting from significant demographic improvements driven by migration from Hialeah and surrounding neighborhoods.
– Unit Mix:
– 6 units: 2-bedroom, 1-bath
– 2 units: 1-bedroom, 1-bath
– Additional Features:
– On-site laundry room
– Renovated and well-maintained units
– Recent sales in the area have reached $180K per door
– Positioned at an attractive 9% Proforma Cap Rate
This property combines strong rental income potential with the promise of continued appreciation in a thriving market.
Property Details
Price:
$1,440,000
MLS #:
A11719297
Status:
Active
Beds:
0
Baths:
0
Address:
2070 Ali Baba Ave
Type:
Single Family
Subtype:
Income/MultiFamily
Subdivision:
MAGNOLIA SUB
Neighborhood:
Magnolia Sub
City:
Opa-Locka
Listed Date:
Jan 7, 2025
State:
FL
ZIP:
33054
Lot Size:
9,375 sqft / 0.22 acres (approx)
See this Listing
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Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$23,808
Map
Community
- Address2070 Ali Baba Ave Opa-Locka FL
- SubdivisionMAGNOLIA SUB
- CityOpa-Locka
- CountyMiami-Dade County
- Zip Code33054
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Courtesy of Fausto Commercial Realty Consultants Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Miami, FL. All rights reserved.
2070 Ali Baba Ave
Opa-Locka, FL
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