2070 Ali Baba Ave Opa-Locka FL 33054 MLS #A11719297

2070 Ali Baba Ave
Opa-Locka, FL, 33054
$1,440,000
Beds
0 Baths
0 SqFt
0.22 Acres
Add
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.

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)
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Exterior

Financial

Tax Year
2024
Taxes
$23,808

Map

Community

Similar Listings Nearby

2070 Ali Baba Ave
Opa-Locka, FL