Quadruplex

1940 Ali Baba Ave

1940 Ali Baba Ave, Opa-Locka FL 33054

$800,000

For Sale

2,815 SqFt

See estimated monthly cost

This listing is courtesy of Keller Williams Capital Realty. Cristian Chavez

Overview

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.

Facts & features

Interior

Living area (sq ft): 2,815

Building & exterior

Year built: 1944

Taxes

Annual tax: $12,352
Tax year: 2024
Parcel number: 08-21-22-003-2270

Listing

MLS number: A11772033
Property type: Quadruplex
Price per SqFt: $284
Subdivision: MAGNOLIA SUB
On market since: Mar 28, 2025
Days on market: 490

Estimated monthly cost

$5,675 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $4,045
Property tax: $1,029
Insurance (estimated): $600

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

Tunsil Academy International Private · 08-12 · 0.12 mi
Little Rock Academy Private · 09-12 · 0.12 mi
Empowering Youth Inc. (Pink & Blue Children''s Academy) Private · KG-04 · 0.23 mi
Rainbow Park Elementary Public · PK-5 · 0.30 mi
Love Thy Kids Academy I Private · 0.39 mi
North Dade Center Middle Public · 6-8 · 0.44 mi
North Dade Center For Modern Languages Elementary Public · K-5 · 0.45 mi
Nathan B. Young Elementary Public · PK-5 · 0.64 mi
America''s Little Leaders Academy Private · PK-KG · 0.73 mi
Bunche Park Elementary Public · PK-5 · 0.78 mi
Khaila Montessori Academy Private · PK-06 · 0.79 mi
Little Angels Christian Academy Preschool I Private · PK-05 · 0.81 mi
Rosalphanie Child Care 1, Inc Private · PK-08 · 0.87 mi
World Mission Of Jesus Christ Christian Private · KG-12 · 0.94 mi
Dr. John A. Mckinney Christian Academy Private · KG-06 · 0.96 mi

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