1761 Ali Baba Ave 1-6 Opa-Locka, FL $ 1,300,000
1761 Ali Baba Ave 1-6
$ 1,300,000
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1761 Ali Baba Ave 1-6

Opa-Locka, FL, 33054
$ 1,300,000
Baths0.0 Sq 3,980

Monthly Estimate*

$ 8,640

1761 Ali Baba Ave 1-6, Opa-Locka, FL 33054 - Image 1
1761 Ali Baba Ave 1-6, Opa-Locka, FL 33054 - Image 2
1761 Ali Baba Ave 1-6, Opa-Locka, FL 33054 - Image 3
1761 Ali Baba Ave 1-6, Opa-Locka, FL 33054 - Image 4
1761 Ali Baba Ave 1-6, Opa-Locka, FL 33054 - Image 5
1761 Ali Baba Ave 1-6, Opa-Locka, FL 33054 - Image 6
1761 Ali Baba Ave 1-6, Opa-Locka, FL 33054 - Image 7
1761 Ali Baba Ave 1-6, Opa-Locka, FL 33054 - Image 8
1761 Ali Baba Ave 1-6, Opa-Locka, FL 33054 - Image 9
1761 Ali Baba Ave 1-6, Opa-Locka, FL 33054 - Image 10
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Studio Commercial Property for sale in Opa-Locka, FL for $1,300,000. This 3,980 square foot building was built in 1959 on a lot size of 0.110193.

Attention investors! 6 unit multifamily property with 100% occupancy on annual leases consisting of 2 bedrooms with 1 bathroom each. This income producing property has an estimated gross annualized rent (GAR) of $129,000 yielding an approximate 8.30% CAP rate. Each unit has their separate water & electricity meter.

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Commercial Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 13,963

Style

MultiFamily

Lot Size

0.110193

Year Built

1959

Town/City

Opa-Locka

County/Region

MIAMI-DADE

MLS | Web ID

A11533518

Features
General
Sewer PublicSewer
Heating WindowUnit WallFurnace
Cooling WallWindowUnits
Possession ClosingFunding
Roof TarGravel
Security Features Fenced
Construction Materials Block
Year Built 1959
Tenant Pays Electricity Water
Stories 2
Levels Two
Unit Number 1-6
Property SubType MultiFamily
Gross Income 129000.0
Building Name 1761
County Miami-Dade County
Net Operating Income 107886.0
Operating Expense 21113.0
Insurance Expense 2772.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Take Curtiss St and Langley Rd to NW 37th Ave/Officer Simmons Arrington Ave. Take NW 151st St to Ali Baba Ave. Turn left onto Ali Baba Ave. Destination will be on the left.
City Opa-Locka
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 6
MLS Area 21
Lot Size Units SquareFeet
Lot Size Square Feet 4800.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Ali Baba Ave
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 13963.0
Home Warranty Y/N N
Trash Expense 3657.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11533518
Days on Market 70
Structure Type MultiFamily
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description 22 52 41 MAGNOLIA SUB PB 40-80 LOTS 13 & 14 BLK 11 LOT SIZE 50.000 X 96 OR 20583-2563 0802 1 COC 22842-2788 11 2004 1
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Interior
Flooring Laminate Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Other OnStreet
Water Source Public
Total Parking 6.0
Lot Size Area 4800.0
Number of Buildings 1
Spa N
Building Area Total 3980.0
Covered Spaces 0.0
Number of Separate Electric Meters 6
Road Frontage Type CountyRoad
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1761
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* Excluded Features
List By
Green Lands Realty

Broker

Laura@LauraisyourRealtor.com

Email

Affordability Calculator

$9,804
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$1,164
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/14/2024$1,300,000 Listed Price

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1761 Ali Baba Ave 1-6, Opa-Locka, FL, 33054 is a Commercial Property for sale at $1,300,000 with 3,980 sqft and a lot size of 0.110193. 1761 Ali Baba Ave 1-6 is a studio with 0.0 baths and was built in 1959. The property's zip code is 33054 which is in Opa-Locka, FL