435 Ali Baba Avenue

Opa-Locka, FL 33054

$1,500,000
Last Sold Price
Beds
6,720 Sq. Ft.
$223 / Sq. Ft.
6,720
Sq. Ft.
$223
per Sq. Ft.

Description

Reduced! Great investment to own 3 buildings side by side for steady rental income. Centrally located in front of opa locka tri-rail station & within walking distance to new amazon warehouse. Sale includes folios: 08-2121-014-0030; 08-2121-014-0040; 08-2121-014-0050. Currently operating as a total of 12-1/1 units, records have building (435) as 4 units w/ 2/1 each, other 2 buildings (465-475) have 4 units w/ 1/1's each building. Occupancy at 100%. Current cap rate at 5.5%-6.5% w/ room to increase...Reduced! Great investment to own 3 buildings side by side for steady rental income. Centrally located in front of opa locka tri-rail station & within walking distance to new amazon warehouse. Sale includes folios: 08-2121-014-0030; 08-2121-014-0040; 08-2121-014-0050. Currently operating as a total of 12-1/1 units, records have building (435) as 4 units w/ 2/1 each, other 2 buildings (465-475) have 4 units w/ 1/1's each building. Occupancy at 100%. Current cap rate at 5.5%-6.5% w/ room to increase as rents aren't at their max rate. Water meter could be submetered for tenants to pay their water & increase income. 2 of the buildings have new roofs installed 2 years ago. Must units have remodeled kitchens & tile-terrazo floors. Owner pays for water/trash. Please do not disturb tenants.
  1. Listed by Mateo Usuga • Future Option Realty LLC

Property Details for 435 Ali Baba Avenue

Subdivision
ALI BABA VILLA
Style
Fourplex
Waterfront
No
Area
21
Auction
No
Total Units
12
Num Stories
1
Sq Ft Total
6720

Location

Listing Courtesy of Future Option Realty LLC

Sold By Boca Home Realty Inc

Add your commute
LISTING UPDATED: 01/21/2022 01:04 PM

Property Details for 435 Ali Baba Avenue

StatusClosed
MLS #A11028588
Days on Market272
Taxes$4,875 / year
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built1969
Lot Size0.45 AC / 19,785 SF
CountyMiami-Dade County

Location

Listing Courtesy of Future Option Realty LLC

Sold By Boca Home Realty Inc

Add your commute

Building Information for 435 Ali Baba Avenue

Stories-Residences12Year Built1969Lot Size0.45 AC / 19,785 SF

Payment Calculator

$8,592 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$406

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 435 Ali Baba Avenue

Location Information
Location Information
  • Parcel Number Free Text: 08-21-21-014-0030
  • Parcel Number MLX: 0030
  • MLS Area: 21
  • Municipal Code: 8
  • Township Range: 21
  • Section: 21
  • Subdivision Number: 14
  • Subdivision Complex Bldg: ALI BABA VILLA
  • Unit Count: 2
  • Zoning Information: 4400
  • Development Name: 435-475 ALI BABA AVE
General Information
Parking
  • Num Parking Spaces: 18
General Information
  • Property Type Information: Attached
  • Approximate Lot Size: 19785
  • Lot Description: 1/2 To Less Than 3/4 Acre Lot
  • Spa: No
  • Pool: No
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Shingle Roof
  • Flooring: Terrazzo Floors, Tile Floors
  • Floor Description: Terrazzo Floors, Tile Floors
Additional Property Information
Utilities
  • Heating Description: Window/Wall
  • Cooling Description: Wall/Window Unit Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Water
  • Windows Treatment: Casement
  • Exterior Features: Fence, Laundry Facility, Open Porch
Financial Information
Financial Information
  • Total Mortgage: $209,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2020
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: As Is, Corporation Owned Property
  • Information Available: Rent Rolls
  • Special Assessment: No
  • PACEYN: No

Property History for 435 Ali Baba Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 435 Ali Baba Avenue

Taxable ValueLand$131,900Additions$301,648Total$433,548
Tax Record2023$10,968 ($914 / month)
Home Facts
Total Finished SqFt2,367 SqFtAbove Grade Finished SqFt2,367 SqFtStories1Lot Size6,595 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969Zoning4400:MULTI-FACountyMIAMI-DADEAPN08-2121-014-0030

Schools near 435 Ali Baba Avenue

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
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.

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Listing Courtesy of Future Option Realty LLC

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.