1761 Ali Baba Ave ,Income Non-waterfront for Sale & Rent

1761 Ali Baba Ave for Sale & Rent

Price $1,300,000.00

• Lot size 4800
• Year Build 1958
• Waterfront
• Zip 33054
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Compelling value-add multifamily investment opportunity with significant upside potential through renovation, repositioning, and lease stabilization. The property is currently underperforming with only one occupied month-to-month unit, creating a rare opportunity for investors seeking operational flexibility and future income growth. The asset offers investors the ability to implement a market-rate rental strategy, improve operations, and capitalize on long-term rental demand within the South Florida market.

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

Compelling value-add multifamily investment opportunity with significant upside potential through renovation, repositioning, and lease stabilization. The property is currently underperforming with only one occupied month-to-month unit, creating a rare opportunity for investors seeking operational flexibility and future income growth. The asset offers investors the ability to implement a market-rate rental strategy, improve operations, and capitalize on long-term rental demand within the South Florida market.

City:Opa-Locka,Zoning:0100,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.9119006,List Price:1300000,Listing Id:A12017387,Longitude:-80.2306028,Mls Status:Active,Year Built:1958,Postal Code:33054,Street Name:Ali Baba Ave,Coordinates:1:25.9119006,Photos Count:2,Business Type:1:Residential-Multi-Family,Days On Market:1,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:21,On Market Date:2026-05-12,Parcel Number:08-21-22-003-1890,Property Type:Commercial Sale,Stories Total:2,Street Number:1761,Public Remarks:Compelling value-add multifamily investment opportunity with significant upside potential through renovation, repositioning, and lease stabilization. The property is currently underperforming with only one occupied month-to-month unit, creating a rare opportunity for investors seeking operational flexibility and future income growth. The asset offers investors the ability to implement a market-rate rental strategy, improve operations, and capitalize on long-term rental demand within the South Florida market.,County Or Parish:Miami-Dade County,Expiration Date:2026-11-13,List Office Name:LPT Realty, LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2837,Property Sub Type:Income/MultiFamily,State Or Province:FL,Unparsed Address:1761 Ali Baba Ave, Opa-Locka FL 33054,Listing Agreement:Exclusive Right To Sell,Building Area Total:3980,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:4800,M I A M I R E_ Flood Zone:X,M I A M I R E_ Num Floors:2,M I A M I R E_ Num Meters:6,Number Of Buildings:1,Original List Price:1300000,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,Syndication Remarks:Compelling value-add multifamily investment opportunity with significant upside potential through renovation, repositioning, and lease stabilization. The property is currently underperforming with only one occupied month-to-month unit, creating a rare opportunity for investors seeking operational flexibility and future income growth. The asset offers investors the ability to implement a market-rate rental strategy, improve operations, and capitalize on long-term rental demand within the South Florida market.,Listing Contract Date:2026-05-12,Originating System I D:miamire,Public Survey Section:22,Showing Instructions:Showing Assist,Street Number Numeric:1761,Tax 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,M I A M I R E_ Current Price:1300000,Public Survey Township:21,M I A M I R E_ Municipal Code:8,M I A M I R E_ Total Mortgage:768750,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:6 Unit multifamily investment opportunity with significant upside potential through renovation, repositioning, and lease stabilization.,M I A M I R E_ Parcel Number M L X:1890,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.911882$-80.230585$137.64$13.33$1.00$AxiujklOHGTTsEWM07O_dw,Contract Status Change Date:2026-05-12,Internet Address Display Y N:1,Number Of Units In Community:6,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:3,M I A M I R E_ Agent Alternate Phone:954-874-5015,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1761 Ali Baba Ave,M I A M I R E_ Multiple Offers Accepted Y N:1,Internet Automated Valuation Display Y N:1,