1761 Ali Baba Ave, Opa-Locka FL 33054
$1,300,000
Est. Payment $6,919/mo
1958
Year Built
2
Stories
21
Days on Market
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.
Facts
- MLS#
- A12017387
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1958
- Lot Size
- 4,800 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 21 days
- Listed
- May 12, 2026
- Last Updated
- May 13, 2026
- Price/Lot Sq.Ft.
- $271/ft²
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Market insights for Opa-Locka
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
June 2026
36
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).
| 5/12/2026 | Listed for sale | $1,300,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$8,152/mo
Principal & Interest
$6,919
Property Tax
$1,083
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®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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