1940 Ali Baba Ave

$800,000
Price
Beds
Baths
2,815 Sq. Ft.
$284 / Sq. Ft.
2,815
Sq. Ft.
$284
per Sq. Ft.

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...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.

Property Details for 1940 Ali Baba Avenue

Subdivision
MAGNOLIA SUB
Style
Fourplex
Waterfront
No
Area
21
Auction
No
Total Units
5
Num Stories
1
Sq Ft Total
2815
LISTING UPDATED: 10/03/2025 05:32 PM

Property Details for 1940 Ali Baba Avenue

StatusActive
MLS #A11772033
Days on Market270
Taxes$12,352 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1944
Lot Size0.22 AC / 9,375 SF
CountyMiami-Dade County

Location

Listing Courtesy of Keller Williams Capital Realty
Add your commute

Building Information for 1940 Ali Baba Avenue

Stories-Residences5Year Built1944Building Size-Lot Size0.22 AC / 9,375 SF

Payment Calculator

$4,982 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,953

Property Taxes

$1,029

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1940 Ali Baba Avenue

Location Information
Location Information
  • Parcel Number Free Text: 08-21-22-003-2270
  • Parcel Number MLX: 2270
  • MLS Area: 21
  • Municipal Code: 8
  • Township Range: 21
  • Section: 22
  • Subdivision Number: 3
  • Subdivision Complex Bldg: MAGNOLIA SUB
  • Unit Count: 3
  • Zoning Information: 6800
General Information
Parking
  • Num Parking Spaces: 5
General Information
  • Property Type Information: Detached
  • Approximate Lot Size: 9375
Additional Property Information
Utilities
  • Heating Description: Window/Wall
  • Cooling Description: Wall/Window Unit Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: No
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: None
Financial Information
Financial Information
  • Total Mortgage: $110,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Rent Rolls

Property History for 1940 Ali Baba Avenue

DateEvent & SourcePriceAppreciation
Jul 21, 2025

Price Change

MiamiRE #A11772033

$800,000
Mar 28, 2025

Listed (Active)

MiamiRE #A11772033

$850,000
May 10, 2017

Sold (Public Record)

Public Record #601256291

$110,000

+37.3% / yr

Jun 17, 2014

Sold

MiamiRE #A1894116

$43,144
May 30, 2014

Sold (Public Record)

Public Record #417916031

$43,200

-21.4% / yr

May 14, 2014

Pending

MiamiRE #A1894116

Jan 17, 2014

Listed (Active)

MiamiRE #A1894116

$42,000
Dec 22, 2006

Sold (Public Record)

Public Record #211373639

$260,000

+30.9% / yr

May 26, 2004

Sold (Public Record)

Public Record #135645945

$130,000

+16.4% / yr

Oct 4, 2001

Sold (Public Record)

Public Record #78992584

$87,000
DateEvent & SourcePrice
07/21/2025

Price Change

MiamiRE #A11772033

$800,000
03/28/2025

Listed (Active)

MiamiRE #A11772033

$850,000
05/10/2017

Sold (Public Record)

Public Record #601256291

$110,000

+37.3% / yr

06/17/2014

Sold

MiamiRE #A1894116

$43,144
05/30/2014

Sold (Public Record)

Public Record #417916031

$43,200

-21.4% / yr

05/14/2014

Pending

MiamiRE #A1894116

01/17/2014

Listed (Active)

MiamiRE #A1894116

$42,000
12/22/2006

Sold (Public Record)

Public Record #211373639

$260,000

+30.9% / yr

05/26/2004

Sold (Public Record)

Public Record #135645945

$130,000

+16.4% / yr

10/04/2001

Sold (Public Record)

Public Record #78992584

$87,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1940 Ali Baba Avenue

Taxable ValueLand$53,125Additions$308,121Total$361,246
Tax Record2024$8,464 ($705 / month)
Home Facts
Total Finished SqFt2,040 SqFtAbove Grade Finished SqFt2,040 SqFtStories1Lot Size3,125 SqFtStyleMulti-Family Dwelling (2-4)Year Built1944Year Renovated1954Zoning6800:COMM,PROCountyMIAMI-DADEAPN08-2122-003-2270

Schools near 1940 Ali Baba Avenue

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Rainbow Park Elementary School
PublicPK to 5

North Dade Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1940 Ali Baba Avenue is a multi-family home for sale in Opa-Locka, FL 33054. This property was listed for sale on March 28, 2025 by Keller Williams Capital Realty, it's currently listed at $800,000. It has been on the market for a total of 270 days and was last sold on May 10, 2017. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Rainbow Park Elementary School, Air Base K-8 Center for International Education and North Dade Middle School. 1940 Ali Baba Avenue is a 0-bed, 0-bath, 2,815 sqft multi-family home built in 1944.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.