CENTURY 21 Edge
✦ Income/MultiFamily

Commercial Sale · Income/MultiFamily

$1,150,000$1,300,0003,980 sq ft$289 /sq ft

1761 Ali Baba Ave, Opa-Locka FL 33054, OPA-LOCKA, FL, 33054

Active90 days on marketListed May 12, 2026MLS #A12017387

About this property

The property at a glance

Compelling value-add multifamily investment opportunity with significant upside potential through renovation, repositioning, and lease stabilization. The property is currently underperforming with only one occupied month-to-month unit, creating a rare opportunity for investors seeking operational flexibility and future income growth. The asset offers investors the ability to implement a market-rate rental strategy, improve operations, and capitalize on long-term rental demand within the South Florida market.

3,980

Building sq ft

$289

Price / sq ft

4,800

Lot sq ft

1958

Year built

1

Building

0100

Zoning

Income/MultiFamily

Property type

Building size3,980 sq ft
Lot size4,800 sq ft
Year built1958
Buildings1
Zoning0100
Business typeApartments, Residential-Multi-Family
ConstructionConcrete Block Construction

The numbers

Investment snapshot

Annual Lease

Lease term

Estimated payment (illustrative)

Down payment25% · $287,500
Interest rate6.00%
Loan term

Estimated payment

$6,385/mo

Principal & interest$5,171
Est. property taxes$1,054
Est. insurance$160

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. Estimates only — taxes at 1.1%/yr and typical insurance; 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 Chad to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

25,993vehicles / day · 2025Bridge No-870092 · Traffic count · Florida DOT

What’s nearby

SKJ auto salesRetail0.6 mi
McDonald'sRestaurant1 mi

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 1761 Ali Baba Ave

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1761 Ali Baba Ave # 6, Opa-Locka FL 33054

$1,075,000

1761 Ali Baba Ave # 6, Opa-Locka FL 33054

Sold Dec 10, 2024

11402 NE 8th Ct, Biscayne Park FL 33161

$1,000,000

11402 NE 8th Ct, Biscayne Park FL 33161

Sold Dec 19, 2024

9580 NW 4th Ave, Miami FL 33150

$1,705,000

9580 NW 4th Ave, Miami FL 33150

Sold Mar 21, 2025

Your team

The pros in your corner

Chad Creech

Your agent

Chad Creech

President, Commercial and Development Services · CENTURY 21 Edge

Tours, offers, and every question about 1761 Ali Baba Ave — start here.

CallText
chad.creech@c21edge.com
Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 1761 Ali Baba Ave.

Get in touchCall
aacosta@prmg.net

See it in person

Schedule a tour

Live availability from Chad's calendar — pick a time and it's booked.

Listing courtesy of LPT Realty, LLC · Dennis Cordero PA. MLS #A12017387.

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®.

Never miss a listing

New OPA-LOCKA listings, in your inbox

A daily digest of every new listing in OPA-LOCKA — straight from the MLS, hours after it goes live. Unsubscribe anytime.

CallRequest a tour
CENTURY 21 Edge
© 2026 CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Sunseria Real Estate Group LLC d/b/a CENTURY 21 Edge fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Century 21 Real Estate LLC nor any of its affiliated companies.

MLS® Disclaimers

Stellar MLS / MFRMLSCopyright © MFRMLS.com. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated August 10, 2026 at 1:06 PM UTC. The listing information on this page last changed on August 10, 2026 at 1:06 PM UTC. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS. Updated on August 10, 2026 at 1:06 PM UTC.

StellarMLS DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. §512, the DMCA, provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owners behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Southeast Florida MLSCopyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law. Data Last Updated: August 10, 2026 at 1:06 PM UTC.

Space Coast AORThese listings are provided by the IDX Program of Brevard County, Florida. Real Estate listings held by brokerage firms other than CENTURY 21 Edge Central Florida are marked with the IDX Logo and detailed information about them includes the name of the listing brokers. 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. Information deemed reliable but not guaranteed.

Beaches MLSAll information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer''s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.