$1,440,000

2070 Ali Baba Ave Opa-Locka, FL 33054

Rainbow Park Neighborhood

Estimated payment $10,021/month

Total Views 1,919
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Incredible Investment Opportunity – Thriving Opa-Locka Neighborhood

This Multifamily property offers a prime opportunity in the rapidly growing Opa-Locka area, benefiting from significant demographic improvements driven by migration from Hialeah and surrounding neighborhoods.

- Unit Mix:
- 6 units: 2-bedroom, 1-bath
- 2 units: 1-bedroom, 1-bath
- Additional Features:
- On-site laundry room
- Renovated and well-maintained units

- Recent sales in the area have reached $180K per door
- Positioned at an attractive 9% Proforma Cap Rate

This property combines strong rental income potential with the promise of continued appreciation in a thriving market.

Listing Agent

Frank Campos

Campos Commercial Real Estate LLC License #3368417

Co-Listing Agent

Vicente Rodriguez

Fausto Commercial Realty Consultants Inc License #3289280

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,808

Year Built

  • 1960

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 100x100

Home Design

Location

  • City Lot

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Magnolia Sub Condos
  • Magnolia Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-21-22-003-2120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,808

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Income/MultiFamily
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 786-748-7373
  • Horses: No
  • Lot Size Acres: 0.215
  • Lot Size: 100x100
  • New Construction: No
  • Road Frontage Type: Legal Access Road, City/County Maintained
  • Subdivision Name: MAGNOLIA SUB
  • Special Features: VirtualTour
  • Year Built: 1960

Interior Features

  • Possible Use: None

Exterior Features

  • Lot Features: City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MAGNOLIA SUB

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Underground Utilities, Water Connected, Cable Available, Electricity Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 08-21-22-003-2120
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 9375
  • Zoning: 6300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 23808

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2025 01/07/25 For Sale $1,440,000 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11719297

MIAMI REALTORS® MLS

Florida Miami/Dade County Opa-locka Rainbow Park

2070 Ali Baba Ave, Opa-locka, FL

Homes for Sale in Opa-Locka, FL

This home is located at 2070 Ali Baba Ave, Opa-Locka, FL 33054 and is currently priced at $1,440,000. This property was built in 1960. 2070 Ali Baba Ave is a home located in Miami-Dade County with nearby schools including North Dade Middle School, Hialeah-Miami Lakes Senior High School, and Robert Morgan Educational Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Agent
Frank Campos
Section Image
Campos Commercial Real Estate LLC