Property Description

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.

Features
: City Location, Less Than 1 Acre
: Public Sanitation
: Electricity Available, Other, Underground Utilities, Water Connected, Cable Available, Cable Connected
Address Map
FL
Miami-Dade County
Opa-Locka
33054
2070 Ali Baba Ave
MAGNOLIA SUB
0
W81° 45' 58.4''
N25° 54' 34.9''
MAGNOLIA SUB
MLS Addon
0
: All Cash, Conventional
: Legal Access Road, City/county Maintained
$23,808
2024
: Municipal Water
6300

Commercial Land For Sale

2070 Ali Baba Ave, Opa-Locka, Florida 33054

9,375 Sqft
$1,440,000
Listing ID #A11719297
Basic Details
Property Type : Commercial Land
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11719297
Price : $1,440,000
Lot Area : 9,375 Sqft
Status : Active
Agent info
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