Please stand by!
USDAProperties.com is verifying property eligibility...

 

 

 

$1,300,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
1761 Ali Baba Ave
Opa Locka, FL 33054
Unknown bed 0 bath 3,980 SqFt ($326/SqFt)
Built 1959
Listed 2024-02-14, Taxes $11,890
Ⓧ USDA Ineligible
due to price & location

near Miami Gardens

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 annulized rent (GAR) of $130, 500 yielding an approximate 8.41% CAP rate.

Each unit has their separate water and electricity meter.


Presented by Laura Sanchez at
Green Lands Realty.


Property MLS #A11533493 from MiamiMLS

Total Bathrooms: 0

Cooling Features: WallWindowUnits
Heating Features: WallFurnace
Heating: Yes

Flooring: Laminate, Vinyl
Window Features: Blinds

Lot Description: Item14Acre

Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Rent Includes: Gardener, TrashCollection

Annual Tax Amount: 13963
Source Listing Status: Active
County: Miami-Dade County
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.
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: Magnolia
Parcel Number: 08-21-22-003-1890
Postal City: Opa-Locka
Postal Code Plus 4: 2837
Subdivision: Magnolia
Zoning Description: RE
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$388,238 + $76,800
$465,038
$11,890
2021$unknown + $unknown
$269,880
$8,546
2020$unknown + $unknown
$245,346
$7,568
2019$unknown + $unknown
$223,042
$5,867
2018$158,554 + $44,212
$202,766
$5,168
2017$187,193 + $10,330
$197,523
$4,062
2016$unknown + $unknown
$134,861
$3,738
2015$unknown + $unknown
$122,601
$3,259
2014$unknown + $unknown
$111,456
$3,033
2013$unknown + $unknown
$101,324
$2,913
2012$unknown + $unknown
$92,113
$2,437
2011$unknown + $unknown
$138,916
$3,664
2010$unknown + $unknown
$141,377
$3,883
2009$unknown + $unknown
$157,915
$4,049
2008$unknown + $unknown
$167,814
$4,236
2007$unknown + $unknown
$166,784
$4,163

Listing removed 2024-06-06
$1,800
MiamiMLS
Listed for rent 2024-06-04
$1,800
MiamiMLS
Listed 2024-02-14
$1,300,000
MiamiMLS
Listing removed 2023-06-06
$1,750
MiamiMLS
Listed for rent 2023-05-17
$1,750
MiamiMLS
Listing removed 2023-05-16
$1,750
MiamiMLS
Price Changed for rent 2023-05-01
$1,750
MiamiMLS
Listed for rent 2023-04-27
$1,700
MiamiMLS
Listing removed 2023-04-01
$1,250,000
MiamiMLS
Listing removed 2023-03-02
$1,250,000
MiamiMLS
Price Changed 2022-11-04
$1,250,000
MiamiMLS
Listed 2022-08-30
$1,450,000
MiamiMLS
Listing removed 2022-07-28
$1,750
MiamiMLS
Listed for rent 2022-07-11
$1,750
MiamiMLS
Listing removed 2022-07-08
$1,700
MiamiMLS
Price Changed for rent 2022-06-21
$1,700
MiamiMLS
Listed for rent 2022-06-03
$1,750
MiamiMLS
Listing removed 2022-05-20
$1,700
MiamiMLS
Listed for rent 2022-05-05
$1,700
MiamiMLS
Sold 2021-07-27
$446,250
Public Record
Sold 2004-11-22
$241,000
Public Record
Sold 2002-08-08
$150,000
Public Record
Sold 1999-05-17
$46,500
Public Record
Sold 1999-04-01
$46,500
Public Record
Sold 1997-01-07
$125,000
Public Record
Sold 1997-01-01
$125,000
Public Record

Net Operating Income: 109386
Operating Expense: 21113

Total Square Feet Living: 3980
Year Built: 1959
Construction Materials: Block
Levels: Two
Property Age: 65
Roof: Flat, TarGravel
Levels or Stories: 2
House Style: Fourplex
Year Built Details: Resale
Architectural Style: Fourplex

Sewer: PublicSewer
CableAvailable
Water Source: Public

Rainbow Park Elementary School is a public elementary school located approximately 0.2 miles away.
directions icon Map directions

North Dade Middle School is a public middle school located approximately 0.3 miles away.
directions icon Map directions

Hialeah-Miami Lakes Senior High School is a public high school located approximately 4.9 miles away.
directions icon Map directions

South Florida School of Excellence is a private elementary, middle and high school located approximately 0.8 miles away.
directions icon Map directions

Hanans Academic Development Center is a private elementary and middle school located approximately 0.8 miles away.
directions icon Map directions

World Mission of Jesus Christ Christian Academy is a private elementary, middle and high school located approximately 0.8 miles away.
directions icon Map directions

World Mission of Jesus Christ Christian Academy is a private elementary, middle and high school located approximately 0.8 miles away.
directions icon Map directions

Archdiocese of Miami Virtual Catholic School is a private high school located approximately 0.8 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
house_viewunknownunknownkitchenkitchen
bathroombathroomunknownunknownunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.