$559,000

2005 Ali Baba Ave Opa Locka, FL 33054

Rainbow Park Neighborhood

Estimated payment $3,691/month

Total Views 3,505
-- Bed
-- Bath
1,200 Sq Ft
$466 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Tile Flooring
  • Heating Available
  • 5-minute walk to Magnolia Park

About This Home

This updated duplex presents an excellent investment opportunity, featuring two 2-bedroom, 1-bath units that are completely renovated for minimal maintenance. Each unit has its own separate electrical and water meter, allowing tenants to cover their utilities, which enhances your profitability. With both units currently rented, this property offers immediate cash flow, making it a smart addition to any investor's portfolio.

Listing Agent

Fernando Gonzalez

Direct Realty Solutions License #3132718 Listed on: 04/01/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,721

Year Built

  • Built in 1959

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Magnolia Sub Condos
  • Magnolia Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-21-22-003-1400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,721

Year Built

Built in 1959

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MAGNOLIA SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 559000
  • InternetRemarks: Great investment property. Renovated duplex featuring two 2BR/1BA units, separate utilities, and both currently rented
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1200
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • 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: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 08-21-22-003-1400
  • Zoning: 5700

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8721

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $8,721 $316,536 $159,340 $157,196
2024 $6,673 $295,813 $128,500 $167,313
2023 $6,673 $220,915 $100,230 $120,685
2022 $6,154 $202,925 $82,240 $120,685
2021 $4,518 $133,542 $56,540 $77,002
2020 $4,401 $133,542 $56,540 $77,002
2019 $4,280 $140,554 $59,110 $81,444
2018 $3,786 $113,224 $46,588 $66,636
2017 $2,202 $43,633 $0 $0
2016 $2,420 $39,667 $0 $0
2015 $2,198 $36,061 $0 $0
2014 $2,073 $32,783 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2026 04/01/26 For Sale $559,000 +124.5% $466 / Sq Ft
06/18/2021 06/18/21 Sold $249,000 -3.9% $208 / Sq Ft View Prior Sale
05/10/2021 05/10/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $259,000 -- $216 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $340,000 Aces Title
Warranty Deed $249,000 Aces Title Agency Llc
Quit Claim Deed -- None Available
Warranty Deed $174,000 Attorney
Warranty Deed $165,000 Southern Coast Title Service
Warranty Deed $145,000 Surealty Title Inc
Warranty Deed $33,500 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $123,750 Unknown
Previous Owner $116,000 Fannie Mae Freddie Mac
Previous Owner $60,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11992876

MIAMI REALTORS® MLS

APN: 08-2122-003-1400

Florida Miami/Dade County Opa-locka Rainbow Park

2005 Ali Baba Ave, Opa-locka, FL

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.

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Listing Agent
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Direct Realty Solutions
(305) 370-9118
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