Property Description
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.
Address Map
- State:
- FL
- County:
- Miami-Dade
- City:
- Opa Locka
- Zipcode:
- 33054
- Street:
- 1761 Ali Baba Ave, Opa Locka, Florida 33054
- Longitude:
- W81° 46' 9.9''
- Latitude:
- N25° 54' 42.8''
MLS Addon
- Building Area:
- 3,980 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 1
- DOM:
- 1
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 08-21-22-003-1890
- Structure Type:
- Apartment, Multi Family
Commercial Sale For Sale
1761 Ali Baba Ave, Opa Locka, Florida 33054, Opa Locka, Florida 33054
4,800 Sqft
$1,300,000
MLS # #A12017387
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,300,000
- Year Built :
- 1958
- Lot Area :
- 4,800 Sqft
- MLS # :
- A12017387
- Property Sub Type :
- Multi Family
