NOT LISTED FOR SALE

435 Ali Baba Ave Opa-Locka, FL 33054

Opa-locka Area
-- Beds
-- Baths
6,720 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: January 20, 2022

Last sale price $1,500,000 $223 Per Sq Ft

272 Days on Market

Highlights

  • Outdoor Living Area
  • 4-minute walk to Opa-Locka
  • Tile Flooring
  • No HOA
  • Porch
  • Fenced

About This Home

As of January 2022

REDUCED!!!GREAT INVESTMENT TO OWN 3 BUILDINGS SIDE BY SIDE FOR STEADY RENTAL INCOME. CENTRALLY LOCATED IN FRONT OF OPA LOCKA TRI-RAIL STATION & WITHIN WALKING DISTANCE TO NEW AMAZON WAREHOUSE. SALE INCLUDES FOLIOS: 08-2121-014-0030; 08-2121-014-0040; 08-2121-014-0050. CURRENTLY OPERATING AS A TOTAL OF 12-1/1 UNITS, RECORDS HAVE BUILDING (435) AS 4 UNITS W/ 2/1 EACH, OTHER 2 BUILDINGS (465-475) HAVE 4 UNITS W/ 1/1'S EACH BUILDING. OCCUPANCY AT 100%. CURRENT CAP RATE AT 5.5%-6.5% W/ ROOM TO INCREASE AS RENTS AREN'T AT THEIR MAX RATE. WATER METER COULD BE SUBMETERED FOR TENANTS TO PAY THEIR WATER & INCREASE INCOME. 2 OF THE BUILDINGS HAVE NEW ROOFS INSTALLED 2 YEARS AGO. MUST UNITS HAVE REMODELED KITCHENS & TILE-TERRAZO FLOORS. OWNER PAYS FOR WATER/TRASH. PLEASE DO NOT DISTURB TENANTS.

Last Buyer's Agent

Nathan Yadgar

Inactive Member License #3463622

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,875

Year Built

  • Built in 1969

Lot Details

  • Fenced

Parking

  • 18 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 6,720 Sq Ft Home
  • 1-Story Property
  • Laundry Located Outside

Flooring

  • Tile
  • Terrazzo

Outdoor Features

  • Outdoor Living Area
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0821210140030

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ali Baba Villa Subdivision

Building Details

  • Gross Income $127,000
  • Net Operating Income $97,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,875

Year Built

Built in 1969

Lot Details

0.45 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1969
  • New Construction: No
  • Structure Type: Multi Family
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 6720.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Fencing: Fenced
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 18.0

Utilities

  • Laundry Features: Outside
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Separate Meters, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0821210140030
  • Lot Size: 19785
  • Mobile Dim Units: Feet
  • Zoning: 4400

Multi Family

  • Property Net Operating Income: 97000.0
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 127000.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4875.0

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$1,500,000 None Listed On Document
Hernandez Property Holding Llc $106,500 First International Ttl Inc
Hernandez Jesus -- --
Hernandez Yudeisy $159,900 C & M Title Inc
Lorenzo Antonio L $80,300 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $700,000
Open Ali Baba Group Llc $1,725,000
Closed Ali Baba Group Llc $487,500
Closed -- $1,350,000
Previous Owner Hernandez Property Holding Llc $273,000
Previous Owner Hernandez Jesus $209,000
Previous Owner Hernandez Jesus $100,000
Previous Owner Hernandez Jesus $265,000
Previous Owner Hernandez Jesus $156,000
Previous Owner Hernandez Yudeisy $143,910
Source: Public Records

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
01/20/2022 01/20/22 Sold $1,500,000 -16.8% $223 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
04/15/2021 04/15/21 For Sale $1,802,000 -- $268 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $12,752 $516,800 $164,875 $351,925
2024 $10,968 $476,902
2023 $10,968 $433,548 $131,900 $301,648
2022 $8,328 $325,924 $46,165 $279,759
2021 $5,566 $168,994 $0 $0
2020 $4,875 $278,851 $39,570 $239,281
2019 $3,757 $157,066 $39,570 $117,496
2018 $3,307 $135,177 $32,975 $102,202
2017 $2,973 $115,427 $0 $0
2016 $5,168 $104,934 $0 $0
2015 $4,862 $101,228 $0 $0
2014 $5,144 $117,493 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11028588

BeachesMLS (Greater Fort Lauderdale)
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