Commercial Sale · Income/MultiFamily
1940 Ali Baba Ave, Opa-Locka FL 33054, OPA-LOCKA, FL, 33054
Active507 days on marketListed Mar 17, 2025MLS #A11763733
About this property
The property at a glance
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.
2,815
Building sq ft
$284
Price / sq ft
9,375
Lot sq ft
1944
Year built
2
Buildings
6800
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$4,787/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Kevin to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
31,165
Population
$42,779
Median income
34.9
Median age
3.12
Avg household
$291,700
Median home value
$1,346/mo
Median rent
3,687
Households w/ kids
Recent sales
What actually sold near 1940 Ali Baba Ave
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,075,000
1761 Ali Baba Ave # 6, Opa-Locka FL 33054
Sold Dec 10, 2024
$1,705,000
9580 NW 4th Ave, Miami FL 33150
Sold Mar 21, 2025
$440,000
1090 NW 112th Ter, Miami FL 33168
Sold Jun 9, 2025
Your team
The pros in your corner
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, offers, and every question about 1940 Ali Baba Ave — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1940 Ali Baba Ave.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Keller Williams Capital Realty · Cristian Chavez. MLS #A11763733.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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