$800,000
$50K PRICE DROP

1940 Ali Baba Ave Opa Locka, FL 33054

Rainbow Park Neighborhood

Estimated payment $5,254/month

Total Views 2,201
-- Bed
-- Bath
2,815 Sq Ft
$284 Price per Sq Ft

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 17 total units for sale that includes three multi-families and two single families. Seller is open to selling them all together or separately.

Listing Agent

Cristian Chavez

Keller Williams Capital Realty License #3352712 Listed on: 03/28/2025

Keller Williams Capital Realty

Co-Listing Agent

Nicole Alvarez

Keller Williams Capital Realty License #3422355

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,352

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1944
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: KWCG01
  • Co List Office Phone: 305-662-7325
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: MAGNOLIA SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2815
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MAGNOLIA SUB
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 08-21-22-003-2270
  • Zoning: 6800

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12352

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 5

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
05/14/2014 05/14/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $42,000 -- $22 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11772033

MIAMI REALTORS® MLS
Florida Miami/Dade County Opa-locka Rainbow Park

1940 Ali Baba Ave, Opa-locka, FL

This home is located at 1940 Ali Baba Ave, Opa Locka, FL 33054 and is currently priced at $800,000, approximately $284 per square foot. This property was built in 1944. 1940 Ali Baba Ave is a home located in Miami-Dade County with nearby schools including North Dade Middle School, Hialeah-Miami Lakes Senior High School, and Robert Morgan Educational Center.

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.

MIAMI REALTORS® MLS 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.

Nearby Homes
Cristian Chavez
Listing Agent
Cristian Chavez
Section Image
Keller Williams Capital Realty
(786) 981-9517