9 months on rocket

Backup Offers

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

$1,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,980 SqFt
$327/SqFt
Multi

Location

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1761 Ali Baba Ave, Opa-locka$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1959
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #A11533493
StatusAccepting Backup Offers
(Active Under Contract)

About 1761 Ali Baba Ave

Attention investors! 6 unit multifamily property with 100% occupancy on annual leases consisting of 2 bedrooms with 1 bathroom each. This income producing property has an estimated gross annualized rent (GAR) of $130,500 yielding an approximate 8.33% CAP rate. Each unit has their separate water & electricity meter and the building was re-roofed in late 2021.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1959
  • Stories: 2
  • Living Area: 3,980 SqFt

Listing Office:

  • Office Name: Green Lands Realty
  • Office Phone: (305) 503-4121
  • Listing Agent: Laura Sanchez

Interior Features

Interior Information:

  • Flooring Type: Laminate, Vinyl

Virtual/3D Tour

  • Virtual Tour: 1761 Ali Baba Ave
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Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Take Curtiss St and Langley Rd to NW 37th Ave/Officer Simmons Arrington Ave. Take NW 151st St to Ali Baba Ave. Turn left onto Ali Baba Ave. Destination will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $327/SqFt
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Housing Market Comparison

See how this home compares to others in Opa-locka, FL.

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Opa-locka, FL

City

Med. Sold Price

$400K

Med. Price/SqFt

$341

Avg. Days On Market

16

# of Sold Homes

8

1761 Ali Baba Ave vs Opa-locka

281 DAYS ON ROCKET

+265 Days

$1,300,000

+$900K More

$327/SqFt

-$14 Less

KEY TAKEAWAY

This property is $900K more than the Median Sold Price and $14/SqFt less than other homes in Opa-locka, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11533493

Listing Office:

  • Office Name: Green Lands Realty
  • Office Phone: (305) 503-4121
  • Listing Agent: Laura Sanchez

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-345866
3
/10

  • Rainbow Park Elementary School

  • 15355 NW 19th Ave

  • 0.21 miles

  • Public Magnet Grades PK-5

school-card-donut-345867
10
/10

  • N Dade Center for Modern Language

  • 1840 NW 157th St

  • 0.33 miles

  • Public Magnet Grades KG-5

school-card-donut-345868
7
/10

  • Bunche Park Elementary School

  • 16001 Bunche Park Dr

  • 0.76 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,072. The most common annual income of people living in Opa-locka, FL is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Opa-locka›33054›1761 Ali Baba Ave

This home is located at 1761 Ali Baba Ave in Opa-Locka, FL and zip code 33054. This 3,980 square foot home was built in 1959. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $1,300,000.

In October 2024 more than 2 listings in Opa-locka, FL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. The median list price of listings available in October 2024 was $400,000, while the average time on the real estate market was 16 days.

From Rocket Homes Real Estate and based on county public records data.

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