NOT LISTED FOR SALE

2304 Ali Baba Ave Opa Locka, FL 33054

Estimated Value: $750,337

8 Beds
2 Baths
2,521 Sq Ft
$298/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $565,000 $224 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,711/month

155 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

As of August 2022

Industrial / Commercial CBS Property. DON'T MISS THIS INCOME PRODUCING PROPERTY WHICH HAVE 8 ROOMS AND 3 BATHS, FRONT OF THE PROPERTY HAS TIRE SHOP WHICH IS PART OF THE INCOME PRODUCING SOURCE.
2 business, front structures is a mechanic shop, rear structure is a hotel license.
8 rooms rented at $800 each per month. Mechanic shop rented at $986 per month.
Total monthly rent is $7,386 per month. Rent for Mechanic Shop can be raised to more than $1,200 per month and each room rent can be raised to $900 by the new owner. AMAZING RATE OF RETURN. Impact windows, Mini split for each room,
Brand new roof and laundry on site, Security cameras inside & outside.
No liens, No violations. DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Adnan Ahmed

Realty One Group Plus License #3234133 Listed on: 02/14/2022

Realty One Group Plus

Co-Listed By

Faisal Awan

Realty One Group Plus License #3255415

Last Buyer's Agent

Miguel Ramos

EXP Realty LLC License #3276540

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,221

Year Built

  • Built in 1957

Lot Details

  • 6,882

Parking

  • 1 Parking Space

Home Design

  • Quadruplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,521 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

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

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 08-21-22-004-0140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,221

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: BUYN01
  • Co List Office Phone: 305-274-7011
  • Directions: CALL LISTING AGENT FOR SHOWING!!! 24 HRS NOTICE
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: MAGNOLIA SUB 2ND ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2521
  • Possible Use: Investment
  • 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 2ND ADDN
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 08-21-22-004-0140
  • Zoning: 7100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5221

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Aug 12, 2022
Sold by
Surgenext Inc
Bought by
Mocla Llc
Seller's Agent
Adnan Ahmed
Realty One Group Plus
Buyer's Agent
Miguel Ramos
EXP Realty LLC
List Price
$599,999
Sold Price
$565,000
Premium/Discount to List
-$34,999
-5.83%
Current Estimated Value
$750,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,337
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Jul 17, 2020
Sold by
Property Control Llc
Bought by
Surgenfkt Inc

Purchase Details

Closed on
Feb 9, 2018
Sold by
Tucker Justin Danson and Tucker Clementina
Bought by
Property Control Llc

Purchase Details

Closed on
May 4, 2017
Sold by
Tucker Clementina
Bought by
Danson Tucker Justin and Tucker Clementina

Purchase Details

Closed on
Oct 7, 1997
Sold by
Tucker Hardrick L and Tucker Clementina
Bought by
Tucker Hardrick I and Tucker Clementina

Purchase Details

Closed on
Nov 17, 1995
Sold by
Tucker Robert A and Tucker Carmilla M
Bought by
Tucker Hardrick L

Purchase Details

Closed on
Aug 8, 1994
Sold by
Tucker Hardrick L
Bought by
Tucker Robert A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mocla Llc $565,000 All World Title
Mocla Llc $565,000 All World Title
Surgenfkt Inc $250,000 All World Title Corp
Property Control Llc $150,000 Title Guaranty Of South Flor
Danson Tucker Justin -- None Available
Tucker Hardrick I $100 --
Tucker Hardrick L -- --
Tucker Robert A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $565,000 -5.8% $224 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $599,999 +6.2% $238 / Sq Ft
03/23/2022 03/23/22 Off Market $565,000 -- --
02/14/2022 02/14/22 For Sale $599,999 -- $238 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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
2024 $6,658 $265,971 $165,000 $100,971
2023 $6,658 $260,550 $165,000 $95,550
2022 $5,312 $205,281 $110,000 $95,281
2021 $5,221 $195,238 $110,000 $85,238
2020 $3,591 $140,358 $55,000 $85,358
2019 $3,255 $126,779 $44,688 $82,091
2018 $3,213 $126,899 $44,688 $82,211
2017 $2,848 $112,412 $0 $0
2016 $2,713 $102,193 $0 $0
2015 $2,481 $95,964 $0 $0
2014 $2,596 $100,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11149380

MIAMI REALTORS® MLS

APN: 08-2122-004-0140