$1,729,550*
●
Multifamily -
Off Market
435 Ali Baba Ave
Opa-Locka, FL 33054
Studio
0 Bath
6720 Sqft
$1,440,000 - $1,758,000
Reference Base Price*
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
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: 08-2; 08-2;
08-2. 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.
The manager has listed the unit size as 6720 square feet.
The manager has listed the unit size as 6720 square feet.
Unit Size
6,720Ft²
Days on Market
-
Land Size
-
Price per sqft
$238
Property Type
Multifamily
Property Taxes
$406
HOA Dues
-
Year Built
1969
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2022 | Sold | $1,500,000 | |
| Sold | |||
| Jan 22, 2022 | No longer available | - | |
| No longer available | |||
| Jan 13, 2022 | In contract | - | |
| In contract | |||
| Sep 9, 2021 | Price Decreased |
$1,599,000
↓ $1K
(0.1%)
|
|
| Price Decreased | |||
| Sep 3, 2021 | Price Decreased |
$1,600,000
↓ $90K
(5.3%)
|
|
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
435 Ali Baba Ave
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/15/2021
|
|
Studio
|
-
|
6720 ft²
|
$1,802,000
Studio
-
6720 ft²
|
-
-
|
-
|
Mateo Usuga
Future Option Realty LLC
|
Building Info
