Lena Borrayo
Modern World Realty
(786) 628-9528
34 Total Sales
1 in Rainbow Park
$379,000 Price
1786 Ali Baba Ave Opa-Locka, FL 33054
Rainbow Park Neighborhood
--
Beds
--
Baths
3,920
Sq Ft
1971
Built
Highlights
- No HOA
- Tile Flooring
- Wall Furnace
About This Home
As of October 2025Great value add investment opportunity! Units are currently rented under market value. Two units are 3 bed/1 bath, one unit is 2 bed/1 bath and two units are 1 bed/1 bath. 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 17 total units for sale that includes three multi-families and two single families. Total price for portfolio is: $2,950,000. Seller is open to selling them all together or separately.
Last Agent to Sell the Property
Keller Williams Capital Realty License #3352712 Listed on: 07/18/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,467
Year Built
- Built in 1971
Parking
- 5 Parking Spaces
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 3,920 Sq Ft Home
- 2-Story Property
- Tile Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Separate Meters
- Cable TV Not Available
Listing and Financial Details
- Assessor Parcel Number 0821220032420
Community Details
Overview
- No Home Owners Association
- 3 Units
- Magnolia Sub Subdivision
Building Details
- Gross Income $6,500
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2025
Closed on
Sep 29, 2025
Sold by
Ard Properties Investment Inc
Bought by
Seller's Agent
Cristian Chavez
Keller Williams Capital Realty
Buyer's Agent
Matthew Lorenzo
London Foster Realty
List Price
$925,000
Sold Price
$750,000
Premium/Discount to List
-$175,000
-18.92%
Purchase Details
Closed on
May 10, 2017
Sold by
5621 Plunkett Inc
Bought by
A R D Properties Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 1, 2006
Sold by
Mors Investments Inc
Bought by
5621 Plunkett Inc
Purchase Details
Closed on
Apr 14, 2005
Sold by
Mervin Investments Inc
Bought by
Mors Investments Inc
Purchase Details
Closed on
Jul 17, 2003
Sold by
G A M E Investments Inc
Bought by
Mervin Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.24%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 11, 2003
Sold by
Light Of Hope Financial Services Inc
Bought by
G A M E Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.24%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 9, 2001
Sold by
Clerk Of The Court
Bought by
City Of Opa Locka
Purchase Details
Closed on
Dec 1, 2000
Sold by
Alaska Seaboard Ltd
Bought by
Latin American Investors Corp
Purchase Details
Closed on
Sep 12, 2000
Sold by
Dade County Circuit Court
Bought by
Alaska Seaboard Ltd Partnership
Purchase Details
Closed on
Oct 2, 1996
Sold by
Sylvonia and Frith Edward C
Bought by
Jean Frith Sylvonia and Frith Edward C
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rainbow Park, FL
-
Lena Borrayo
-
Rolando Garcia
Rolando Garcia
Florida Capital Realty
(786) 321-7989
39 Total Sales
2 in Rainbow Park
$265,000 Price Range
-
Pedro Hernandez Hernandez
Pedro Hernandez Hernandez
Conde Realty
(888) 451-5585
8 Total Sales
2 in Rainbow Park
$420,000 Price Range
-
Luis Guzman
Luis Guzman
Continental Realty, LLC
(786) 671-6238
69 Total Sales
2 in Rainbow Park
$300,000 Price Range
-
Roberto Claro
Roberto Claro
Pinnacle Realty of Florida Corp
(786) 244-3528
18 Total Sales
2 in Rainbow Park
$500,000 Price Range
-
Bianca Guevara
Bianca Guevara
Luxe Properties
(786) 745-7837
106 Total Sales
2 in Rainbow Park
$400,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $750,000 | None Listed On Document | ||
| A R D Properties Investments Inc | $250,000 | Attorney | |
| 5621 Plunkett Inc | $305,000 | Southern Coast Title Service | |
| Mors Investments Inc | -- | -- | |
| Mervin Investments Inc | $100,200 | -- | |
| G A M E Investments Inc | -- | -- | |
| City Of Opa Locka | $100 | -- | |
| Latin American Investors Corp | $56,500 | -- | |
| Alaska Seaboard Ltd Partnership | $100 | -- | |
| Jean Frith Sylvonia | $100 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $250,000 | ||
| Previous Owner | Mervin Investments Inc | $88,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | Sold | $750,000 | -18.9% | $191 / Sq Ft |
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 07/18/2025 07/18/25 | For Sale | $925,000 | -- | $236 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,212 | $317,727 | ||
| 2024 | $8,711 | $288,843 | ||
| 2023 | $8,711 | $262,585 | $0 | $0 |
| 2022 | $7,495 | $238,714 | $0 | $0 |
| 2021 | $5,904 | $217,013 | $50,000 | $167,013 |
| 2020 | $5,232 | $206,190 | $40,625 | $165,565 |
| 2019 | $4,706 | $183,526 | $25,000 | $158,526 |
| 2018 | $4,743 | $186,312 | $25,000 | $161,312 |
| 2017 | $4,556 | $182,907 | $0 | $0 |
| 2016 | $4,688 | $178,251 | $0 | $0 |
| 2015 | $4,237 | $165,547 | $0 | $0 |
| 2014 | $4,798 | $187,831 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cristian Chavez
Seller's Agent in 2025
Cristian Chavez
Keller Williams Capital Realty
(786) 214-1087
2 in this area
69 Total Sales
-
Nicole Alvarez
NA
Seller Co-Listing Agent in 2025
Nicole Alvarez
Keller Williams Capital Realty
(305) 595-2844
3 in this area
72 Total Sales
-
Matthew Lorenzo
ML
Buyer's Agent in 2025
Matthew Lorenzo
London Foster Realty
(786) 470-3285
1 in this area
3 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11772004
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively 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.
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