2070 Ali Baba Ave, Opa-Locka FL 33054

2070 Ali Baba Ave, Opa-Locka, FL, 33054
$1,440,000

Basics

Date added Added 1 week ago Category Type Status
Lot size, sq ft 9375 sq ft SubdivisionName MAGNOLIA SUB ListOfficeName Fausto Commercial Realty Consultants Inc ListAOR Miami Association of REALTORS®
MLS ID A11719297

Description

  • Description:

    Incredible Investment Opportunity – Thriving Opa-Locka Neighborhood

    This Multifamily property offers a prime opportunity in the rapidly growing Opa-Locka area, benefiting from significant demographic improvements driven by migration from Hialeah and surrounding neighborhoods.

    - Unit Mix:
    - 6 units: 2-bedroom, 1-bath
    - 2 units: 1-bedroom, 1-bath
    - Additional Features:
    - On-site laundry room
    - Renovated and well-maintained units

    - Recent sales in the area have reached $180K per door
    - Positioned at an attractive 9% Proforma Cap Rate

    This property combines strong rental income potential with the promise of continued appreciation in a thriving market.

Location

  • CountyOrParish: Miami-Dade County

Building Details

  • NewConstructionYN: No
  • Building Name: MAGNOLIA SUB

Amenities & Features

  • Waterfront available: No
  • GarageYN: No
  • AttachedGarageYN: No
  • CoolingYN: No
  • PoolPrivateYN: No
  • FireplaceYN: No

Ask an Agent About This Home

Francisco Campos

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