NOT LISTED FOR SALE

650 Ali Baba Ave Opa Locka, FL 33054

Estimated Value: $955,664

0.55 Acre
$1,737,571 Price per Acre
23,958 Sq Ft Lot

Last Sold April 22, 2021

Last sale price $700,000 $29 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,697/month

About This Lot

As of April 2021

23,750 SF (0.55 ac.) Opa-Locka Corridor Mixed Use Overlay I-1 Vacant Land with 250 feet of Ali Baba Avenue frontage adjacent to the Opa-Locka Tri-Rail station, 2,200 away feet from the Amazon Mega Warehouse, 1/2 mile away from the Opa-Locka Executive Airport. Property is ideal for TOD development.

Last Agent to Sell the Property

James Hawkins

Hawkins Commercial Realty License #3312602 Listed on: 01/12/2021

Last Buyer's Agent

James Hawkins

Hawkins Commercial Realty License #3312602 Listed on: 01/12/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,055

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 250x120
  • Property is zoned 7100

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Opa Locka 2Nd Rev Pl Condos
  • Opa Locka 2Nd Rev Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-21-21-004-1020

Property Details

Property Type

Land

Est. Annual Taxes

$5,055

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Industrial
  • Horses: No
  • Lot Size Acres: 0.55
  • Lot Size: 250x120
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Main Thoroughfare, Public Road
  • Structure Type: Industrial
  • Subdivision Name: OPA LOCKA 2ND REV PL
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld, Industrial

Exterior Features

  • Lot Features: City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OPA LOCKA 2ND REV PL

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 08-21-21-004-1020
  • Additional Parcels: No
  • Current Use: Unimproved Business/Commercial, Unimproved Industrial/Mfg/Warehouse, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 23750
  • Zoning: 7100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 16, 2021
Sold by
Verdeja Mario J
Bought by
675 All Baba Llc
Seller's Agent
James Hawkins
Hawkins Commercial Realty
Buyer's Agent
James Hawkins
Hawkins Commercial Realty
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Current Estimated Value
$955,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,664
Avg. Annual Appreciation
6.80%
Original Mortgage
$530,000
Outstanding Balance
$478,526
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$477,138
Source: Public Records
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

Purchase History

Date Buyer Sale Price Title Company
675 All Baba Llc $700,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 675 All Baba Llc $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2021 04/22/21 Sold $700,000 -3.4% $29 / Sq Ft
01/08/2021 01/08/21 For Sale $725,000 -- $31 / 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
2025 $8,398 $347,723 -- --
2024 $7,513 $316,112 -- --
2023 $7,513 $287,375 $0 $0
2022 $6,409 $261,250 $261,250 $0
2021 $5,364 $210,370 $0 $0
2020 $5,055 $213,750 $213,750 $0
2019 $4,744 $213,750 $213,750 $0
2018 $4,360 $213,750 $213,750 $0
2017 $4,034 $143,687 $0 $0
2016 $4,012 $130,625 $0 $0
2015 $3,008 $118,750 $0 $0
2014 -- $142,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Hawkins

    Seller's Agent in 2021

    James Hawkins

    Hawkins Commercial Realty

    (305) 790-6560

    2 in this area

    9 Total Sales

    James Hawkins
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10982328

MIAMI REALTORS® MLS

APN: 08-2121-004-1020

Florida Miami/Dade County Opa-locka

650 Ali Baba Ave, Opa-locka, FL

Not Listed for Sale

Lots

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