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2070 Ali Baba Ave, Opa-locka, Florida 33054

Active For Sale
$1,440,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 1 in 4 days

Description

Incredible Investment Opportunity – Thriving Opa-Locka NeighborhoodrnrnThis 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. rnrn- Unit Mix:rn – 6 units: 2-bedroom, 1-bath rn – 2 units: 1-bedroom, 1-bath rn- Additional Features:rn – On-site laundry room rn – Renovated and well-maintained units rnrn – Recent sales in the area have reached $180K per door rn – Positioned at an attractive 9% Proforma Cap Rate rnrnThis property combines strong rental income potential with the promise of continued appreciation in a thriving market.

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Opa-locka
  • Subdivision: MAGNOLIA SUB
  • Zipcode: 33054
  • Street: Ali Baba Ave
  • Street Number: 2070
  • Floor Number: 0
  • Longitude: W81° 45' 58.6''
  • Latitude: N25° 54' 34.9''
  • MLS Area: 31

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Listing Terms: Cash, Conventional
  • Lot Features: <1 Acre
  • Lot Size Dimensions: 100x100
  • New Taxes Expense: $0
  • Tax Annual Amount: $23,808
  • Tax Year: 2024
  • Utilities: Cable Available, Other, Electricity Available

Location

Listing Updated: 2025-01-08 06:45:13

  • Property Type : Land
  • Property Sub Type : Multi Family
  • Listing Type : For Sale
  • Listing ID : A11719297
  • Price : $1,440,000
  • View : Other
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 0.22 Acre
  • Listing Status : Active
  • Days On Market : 3
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