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$800,000

  • For Sale
  • Active
  • Commercial Multi-Family
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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.

Full Property Details for 1940 Ali Baba Ave

General

  • Price: $800,000
  • Taxes: $12,352 (2024)
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11763733
  • Updated: 10/2/2025
  • Added to Site: 307 day(s) ago

Business

  • Business Type: Residential-Multi-Family, Residential-Single Family

Location

  • County: Miami-Dade County

Community

  • Units Assoc/Comm: 5

Structural Information

  • # Buildings: 2
  • Detached/Attached: Detached
  • Stories/Levels: 1
  • Building Size: 2815
  • Year Built: 1944

Unit Information

  • Units in Complex: 5

Lot Features

  • Lot Size (Sq. Ft.): 9,375
  • Zoning: 6800

Financial Considerations

  • Tax Amount: $12,352
  • Tax Year: 2024
  • Terms: All Cash, Conventional/Refinance

Disclosures and Reports

  • Special Conditions: Sale
  • Legal Description: MAGNOLIA SUB PB 40-80 LOT 7 BLK 13 LOT SIZE 25.000 X 125 COC 22340-3965 22525-0341 0504 1 COC 25224-1102 12 2006 1
  • Property ID: 08-21-22-003-2270

Listed by Keller Williams Capital Realty

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Listing agents

— 1940 Ali Baba Ave —

  • Keller Williams Capital Realty

  • Keller Williams Capital Realty

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1940 Ali Baba Ave

School District:Dade County School District
NameGradesDistance
Rainbow Park Elementary School
15355 Nw 19th Ave, Opa-locka, FL 33054
PK-50.3 mi
North Dade Middle School
1840 Nw 157th St, Miami Gardens, FL 33054
6-80.4 mi
Hialeah-Miami Lakes Senior High School
7977 West 12th Avenue, Hialeah, FL 33014
9-124.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1940 Ali Baba Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/21/2025
Price Reduced
$800,000
-5.88%
MLS
3/17/2025
Listed
$850,000
672.73%
MLS
5/10/2017
Sold
$110,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1940 Ali Baba Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,464
13%
$361,246
11%
2023
$7,505
20%
$325,161
40%
2021
$6,259
-5%
$233,044
-9%
2022
$6,607
6%
$256,372
23%
2021
$6,259
27%
$209,143
59%
2019
$4,924
10%
$131,795
10%
2018
$4,464
14%
$119,814
19%
2017
$3,918
-10%
$100,326
5%
2016
$4,340
10%
$95,948
10%
2015
$3,947
-4%
$87,226
-10%
2014
$4,094
-7%
$96,884
-3%
2013
$4,425
—
$100,009
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1940 Ali Baba Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Capital Realty

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1940 Ali Baba Ave, Opa-Locka, FL 33054 (MLS# A11763733) is a Commercial Multi-Family property. 1940 Ali Baba Ave is currently listed for $800,000 and was received on March 17, 2025. Want to learn more about 1940 Ali Baba Ave? Do you have questions about finding other Commercial Multi-Family real estate for sale in Opa-Locka? You can browse all Opa-Locka real estate or contact a Coldwell Banker agent to request more information.

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