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1940 Ali Baba AveOpa-Locka, FL 33054

For Sale

$800,000

Smart Buyer Rebate $8,000

Great value add investment opportunity! Units are currently rented under market value. Three units are 2 bed/1 bath, one unit is 1 bed/1 bath and the single family is 3 bed/1 bath. Both must be sold together as they share the lot/parking. Great potential to increase the rent for a significantly higher monthly income. All tenants are month to month. This is a part of a portfolio of 11 total units for sale that includes two multi-families and one single family. Seller is open to selling them together or separately.

Listed by Cristian Chavez

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License #3352712

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Keller Williams Capital Realty

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786-490-6519

Listed by Nicole Alvarez

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License #3422355

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Keller Williams Capital Realty

Last updated October 03, 2025

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Source: MIAMIRE #A11772033

Listing Facts

  • TypeMulti-family
  • NeighborhoodOpa-Locka
  • Days on Prevu260
  • Taxes$12,352/year
  • Size2,815 sqft
  • Price per sqft$284

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

07/21/2025
Price Decreased
$800,000
03/28/2025
Listed by Keller Williams Capital Realty
$850,000

Property Details for 1940 Ali Baba Ave

Association

General

  • Number Of Units In Community: 3

Exterior

Construction

  • Number Of Units Total: 5
  • Roof: Other
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Quadruplex, Fourplex
  • Year Built: 1944
  • Year Built Details: Resale
  • Architectural Style: Detached
  • Building Name: MAGNOLIA SUB
  • Construction Materials: CBS Construction

Measurements

  • Building Area Total: 2,815
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 08-21-22-003-2270
  • Tax Annual Amount: $12,352.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Tile

Measurements

  • Living Area: 2,815
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: MAGNOLIA SUB

Parking

Parking

  • Parking Total: 5

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Window/Wall
  • Has Heating: Yes
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1940 Ali Baba Ave.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 1940 Ali Baba Ave.

What are the annual taxes for 1940 Ali Baba Ave?

Annual taxes for this multi-family home are estimated at $12,352.

How does 1940 Ali Baba Ave compare to other multi-family homes in Opa-Locka?

This multi-family home is listed 1% above the average price for multi-family homes in Opa-Locka and has been on the market for 147 more days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the MAGNOLIA SUB building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,815 sqft.

1940 Ali Baba Ave is a -bedroom multi-family home for sale in Opa-Locka FL 33054. Available on Prevu for 260 days at $800,000. This includes a recent price decrease of $50,000. This residence features 2,815 square feet of living space, located in Opa-Locka. The median listing price for multi-family homes in this area is $452,500. Property amenities include pets allowed and parking. View other multi-family home listings in Opa-locka.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.