MAGNOLIA SUB
1940 Ali Baba Ave, Opa-Locka FL 33054
2,815 ft²
2,815
Sq. Ft.
1944
Year Built
1
Stories
409
Days on Market
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.
Facts
- MLS#
- A11772033
- Subdivision
- MAGNOLIA SUB
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1944
- Lot Size
- 0 sqft
- Sq. Ft.
- 2,815 ft²
- Sq. Mt.
- 262 m²
- Price per sq. ft.
- $284/ft²
- Price per sq. mt.
- $3,053/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 409 days
- Listed
- Mar 28, 2025
- Last Updated
- May 11, 2026
- Price/Lot Sq.Ft.
- —
Market insights for Opa-Locka
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
64
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 7/21/2025 | Price change | $800,000-5.9% |
| 3/28/2025 | Listed for sale | $850,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
North Dade Regional AcademyPK,KG · private · 0.2 mi
- Gina Cumbie
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
- Miami Gardens Elementary School
PK,KG,1,2,3,4,5 · public · 0.4 mi
- Charles David Wyche, Jr Elementary School
PK,KG,1,2,3,4,5 · public · 0.4 mi
- Lake Stevens Middle School
6,7,8 · public · 0.5 mi
- ACCELERATION ACADEMIES-CENTRAL MIAMI-7871
8,9,10,11,12 · public · 0.5 mi
- His House Academy
KG,1,2,3,4,5,6,7,8 · private · 0.6 mi
- Lake Stevens Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
- North Gardens High School Charter
9,10,11,12 · charter · 0.7 mi
- Building Tools Learning Center
PK,TK,KG · private · 0.7 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$5,075/mo
Principal & Interest
$4,258
Property Tax
$667
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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