435 Ali Baba Avenue

Opa-Locka, FL 33054

$1,740,000
Price
Beds
6,720 Sq. Ft.
$259 / Sq. Ft.
6,720
Sq. Ft.
$259
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...

Property Details for 435 Ali Baba Avenue

Subdivision
ALI BABA VILLA
Style
Fourplex
Waterfront
No
Status
Active

Location

Listing Courtesy of Future Option Realty LLC

Property Details for 435 Ali Baba Avenue

StatusActive
MLS #A11028588
Days on Market59
Taxes$4,875 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1969
Lot Size0.45 AC / 19,785 SF
CountyMiami-Dade County

Contact a Compass agent

Location

Listing Courtesy of Future Option Realty LLC

Building Information for 435 Ali Baba Avenue

Stories-Residences12Year Built1969Building Size-Lot Size0.45 AC / 19,785 SF

Payment Calculator

$6,238 per month

30 year fixed, 2.95% Interest

Principal and Interest

$5,831

Property Taxes

$406

HOA Dues

$0

Property Information for 435 Ali Baba Avenue

General Information
    General Information
  • Sq Ft Liv Area: 6720
  • Sq Ft Total: 6720
  • Information Available: Rent Rolls
  • Street Number Numeric: 435.0
  • Street Name: Ali Baba Ave
  • Area: 21
  • County Or Parish: Miami-Dade County
  • Municipal Code: 8
  • Township Range: 21
  • Zip Code: 33054
  • Section: 21
  • Development Name Free Text: 435-475 ALI BABA AVE
  • City and Location Text: Opa-Locka
  • List Price: $1,740,000
    Maintenance / Tax Information
  • Tax Amount: $4,875
  • Tax Information: Tax Reflects No Exemptions
  • Tax Year: 2020
    Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached
  • Subdivision Complex Bldg: ALI BABA VILLA
  • Total Units: 12
  • Type of Property: Fourplex
  • Year Built Numeric: 1969
  • Year Built Description: Resale
Virtual Tour / Features / Utilities
    Interior
  • Floor Description: Terrazzo Floors, Tile Floors
  • AdjustedAreaSF: 6720.0
  • Spa: No
    Exterior
  • Exterior Features: Fence, Laundry Facility, Open Porch
  • Construction Type: Concrete Block Construction
  • Pool: No
  • Roof Description: Shingle Roof
  • Windows Treatment: Casement
    Waterfront
  • Water Description: Municipal Water
    Utilities
  • Cooling Description: Wall/Window Unit Cooling
  • Heating Description: Window/Wall
  • Cable Available: Yes
  • Separate Meter: Yes
  • Sewer Description: Municipal Sewer
Property / Lot Information
    Building Information
  • Unit Count: 2
  • Type of Association: None
  • Zoning Information: 4400
  • Num Parking Spaces: 18
  • Num Stories: 1
    Community Information
  • Subdivision Number: 14
  • Subdivision Number Numeric: 14
    Location Information
  • Parcel Number Free Text: 08-21-21-014-0030
    Lot Information
  • Approximate Lot Size: 19785
  • Flood Zone: X
  • Lot Description: 1/2 To Less Than 3/4 Acre Lot
  • LP Amt Sq Ft: $259
  • Special Assessment: No
Multi Family Information
    Expense Information
  • Total Expenses: $30,000
    Income Information
  • Gross Rent Income: $127,000
  • Net Operating Income: $97,000
Rent Information
    Rent Information
  • Rent Includes: Water
Listing / Agent and Office Information
    Listing Information
  • Auction: No
  • AVM: No
  • Multiple Offers Accepted: Yes
  • Possession Information: Other
  • REO: No
  • Short Sale: No
  • Special Information: As Is, Corporation Owned Property
  • Total Mortgage: $209,000

Property History for 435 Ali Baba Avenue

DateEvent & SourcePriceAppreciation
Jun 4, 2021

Price Change

MiamiRE #A11028588

$1,740,000
May 5, 2021

Price Change

MiamiRE #A11028588

$1,790,000
Apr 20, 2021

Price Change

MiamiRE #A11028588

$1,800,000
DateEvent & SourcePrice
06/04/2021

Price Change

MiamiRE #A11028588

$1,740,000
05/05/2021

Price Change

MiamiRE #A11028588

$1,790,000
04/20/2021

Price Change

MiamiRE #A11028588

$1,800,000

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-Additions-Total-
Tax Record2020$4,874 ($406 / month)
Home Facts
Total Finished SqFt2,268 SqFtAbove Grade Finished SqFt2,268 SqFtStories1Lot Size6,595 SqFtStyleMulti-Family Res (5+ Units)Year Built1969Year Renovated1969Zoning4400CountyMIAMI-DADEAPN0821210140030

Schools near 435 Ali Baba Avenue


SchoolTypeGradesDistanceRating
Arts Academy of ExcellenceCharter6-120.2 mi
2
Betesda Christian SchoolPrivateK-110.3 mi
NR
North Park High School CharterCharter9-120.3 mi
NR
Vankara Christian SchoolPrivatePK-90.3 mi
NR

Arts Academy of Excellence

6-12, 0.2 mi, Charter

2

Betesda Christian School

K-11, 0.3 mi, Private

NR

North Park High School Charter

9-12, 0.3 mi, Charter

NR

Vankara Christian School

PK-9, 0.3 mi, Private

NR

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

435 Ali Baba Avenue is a multi-family home for sale in Opa-Locka, FL 33054. This property was listed for sale on April 15, 2021 by Future Option Realty LLC at $1,740,000. It has been on the market for a total of 60 days and was last sold on August 6, 2004. This listing's school district is Miami-Dade. Nearby schools include Arts Academy of Excellence, Betesda Christian School and North Park High School Charter. 435 Ali Baba Avenue is a 0-bed, 0-bath, 6,720 sqft multi-family home built in 1969. This address can also be written as 435 Ali Baba Ave.

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 expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Future Option Realty LLC

Details provided by MCRTC and may not match the public record. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Beaches Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Martin County REALTORS® of the Treasure Coast, Inc. Real estate listings held by brokerage firms other than Redfin are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2021 Martin County REALTORS® of the Treasure Coast, Inc. All Rights Reserved. © 2021 The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2021 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2021 BeachesMLS, Inc. Data last updated on 06/04/2021 10:44 AM