1940 Ali Baba Ave Opa Locka, FL 33054
Rainbow Park NeighborhoodEstimated payment $5,183/month
Highlights
- No HOA
- Tile Flooring
- 1-Story Property
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,352
Year Built
- Built in 1944
Lot Details
- Property is zoned 6800
Parking
- 5 Parking Spaces
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 2,815 Sq Ft Home
- 1-Story Property
- Tile Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
- Magnolia Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 08-21-22-003-2270
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $8,464 | $233,479 | -- | -- |
| 2024 | $7,505 | $212,254 | -- | -- |
| 2023 | $7,505 | $192,959 | $0 | $0 |
| 2022 | $6,607 | $175,418 | $0 | $0 |
| 2021 | $6,259 | $159,471 | $0 | $0 |
| 2020 | $5,646 | $209,143 | $20,312 | $188,831 |
| 2019 | $4,924 | $144,269 | $12,500 | $131,769 |
| 2018 | $4,464 | $119,814 | $12,500 | $107,314 |
| 2017 | $3,918 | $100,326 | $0 | $0 |
| 2016 | $4,340 | $95,948 | $0 | $0 |
| 2015 | $3,947 | $87,226 | $0 | $0 |
| 2014 | $4,094 | $96,884 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $800,000 | -5.9% | $284 / Sq Ft | |
| 03/28/2025 03/28/25 | For Sale | $850,000 | +1870.1% | $302 / Sq Ft | |
| 06/17/2014 06/17/14 | Sold | $43,144 | +2.7% | $23 / Sq Ft | View Prior Sale |
| 05/14/2014 05/14/14 | Pending | -- | -- | -- | |
| 01/17/2014 01/17/14 | For Sale | $42,000 | -- | $22 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: A11772033
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 1950 Ali Baba Ave
- 1950 Service Rd
- 2013 Washington Ave
- 1980 Service Rd
- 1951 Rutland St
- 1897 Rutland St
- 2061 Washington Ave Unit 4
- 1890 Rutland St
- 2010 Rutland St
- 1930 NW 152nd Terrace
- 15140 NW 18th Ave
- 15015 NW 22nd Ave
- 2121 Rutland St
- 2050 NW 152nd Terrace
- 1970 NW 153rd St
- 1990 NW 153rd St
- 2240 NW 152nd St
- 1745 NW 151st St
- 2155 NW 152nd St
- 2051 NW 152nd Terrace
- 1940 Washington Ave Unit 15
- 1940 Washington Ave Unit 12
- 1940 Washington Ave Unit 11
- 1950 Washington Ave Unit 2
- 1851 Ali Baba Ave Unit 4
- 2070 Washington Ave Unit 2
- 1920 NW 151st St Unit 3
- 1761 Ali Baba Ave Unit 1
- 2021 Wilmington St Unit B
- 2021 Wilmington St Unit A
- 2196 Ali Baba Ave Unit 8
- 1745 NW 151st St
- 2230 Service Rd Unit 1
- 2240 Rutland St
- 14180 NW 22nd Ave Unit 4
- 14340 NW 15th Dr
- 14238 NW 17th Ave Unit 14238
- 2381 NW 153rd St
- 14365 NW 15th Dr
- 15900 NW 18th Ave