1940 Ali Baba Ave Opa Locka, FL 33054
Rainbow Park NeighborhoodEstimated payment $5,346/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
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 | $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
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 | 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.
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Ask me questions while you tour the home.