1940 Ali Baba Ave ,Detached, Quadruplex, Magnolia Sub for Sale

1940 Ali Baba Ave for Sale

Price $800,000.00

• Lot size 2815
• Year Build 1944
• Waterfront
• Zip 33054
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

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.

MAGNOLIA SUB PB 40-80 LOT 7 BLK 13 LOT SIZE 25.000 X 125 COC 22340-3965 22525-0341 0504 1 COC 25224-1102 12 2006 1

Less Than 1/4 Acre Lot

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.

City:Opa-Locka,Zoning:6800,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.9103812,Cooling Y N:1,Heating Y N:1,List Price:800000,Listing Id:A11772033,Longitude:-80.2324254,Mls Status:Active,Year Built:1944,Living Area:2815,Postal Code:33054,Street Name:Ali Baba Ave,Coordinates:1:25.9103812,Photos Count:25,Building Name:MAGNOLIA SUB,Days On Market:189,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:21,M L S Area Major:Magnolia Sub,On Market Date:2025-03-28,Parcel Number:08-21-22-003-2270,Parking Total:5,Property Type:Residential Income,Stories Total:1,Street Number:1940,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2026-03-09,List Office Name:Keller Williams Capital Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2887,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:MAGNOLIA SUB,Tax Annual Amount:12352,Unparsed Address:1940 Ali Baba Ave, Opa-Locka FL 33054,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Year Built Details:Resale,Building Area Total:2815,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:284.1918,Original List Price:850000,Previous List Price:850000,Public Survey Range:21,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:5,Syndication Remarks: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.,Listing Contract Date:2025-03-28,Originating System I D:miamire,Public Survey Section:22,Showing Instructions:Call Listing Agent,Street Number Numeric:1940,Tax Legal Description:MAGNOLIA SUB PB 40-80 LOT 7 BLK 13 LOT SIZE 25.000 X 125 COC 22340-3965 22525-0341 0504 1 COC 25224-1102 12 2006 1,M I A M I R E_ Current Price:800000,Public Survey Township:21,M I A M I R E_ Municipal Code:8,M I A M I R E_ Total Mortgage:110000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2725,M I A M I R E_ Internet Remarks:Great value add investment opportunity! Units are currently rented under market value.,M I A M I R E_ Parcel Number M L X:2270,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.910406$-80.232448$125.73$13.33$1.00$0YfwHXuw8u4vzuaOIy3WmQ,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2025-03-28,Internet Address Display Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:3,M I A M I R E_ Agent Alternate Phone:786-490-6519,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1940 Ali Baba Ave,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:284.19,Internet Automated Valuation Display Y N:1,