What is the asking price and what does it include?

The list price for 1940 Ali Baba Ave, Opa-Locka FL 33054 is $800,000. The property is a property with — bedrooms, — bathrooms, approximately — square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 1940 Ali Baba Ave, Opa-Locka FL 33054 in Opa-Locka, 33054. Coordinates are approximately 25.9103812, -80.2324254. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Opa-Locka — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 800,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 1940 Ali Baba Ave, Opa-Locka FL 33054.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

1940 Ali Baba Ave, Opa-Locka FL 33054 | Miami-Dade County

Active

1940 Ali Baba Ave, Opa-Locka FL 33054 | Miami-Dade County | A11763733

$800,000

Description

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.

Address

Open on Google Maps

Address: Ali Baba Ave
City: Opa-Locka
Zip/Postal Code: 33054

Details

Updated on June 7, 2026 at 5:56 pm

Property ID A11763733
Price $800,000
Year Built 1944
Property Status Active

Additional details

LivingAreaUnits Square Feet
PhotosCount 25
MIAMIRE_SubdivisionNumber 3
ViewYN No
MIAMIRE_NARRulesYN Yes
MIAMIRE_SupplementCount 1
ListingKeyNumeric 408574567
TaxAnnualAmount 12352
AssociationYN No
MlsStatus Active
StreetNumber 1940
ListingKey 8be8ccc574df0ecfb0ad1dc7b39b6e16
MIAMIRE_AddressInternetDisplay 1940 Ali Baba Ave
PoolPrivateYN No
ListingTerms All Cash, Conventional/Refinance
WaterfrontYN No
InternetAddressDisplayYN Yes
StoriesTotal 1
StreetNumberNumeric 1940
PostalCodePlus4 2887
NumberOfUnitsInCommunity 5
MIAMIRE_Area 21
ListingAgreement Exclusive Right To Sell
ListingId A11763733
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN Yes
InternetAutomatedValuationDisplayYN Yes
TaxYear 2024
InternetConsumerCommentYN Yes
BuildingAreaTotal 2815
LotSizeUnits Square Feet
MIAMIRE_SupplementModificationTimestamp 2026-04-10T17:07:18.923Z
ListingContractDate 2025-03-17
Zoning 6800
BusinessType Residential-Multi-Family, Residential-Single Family
StateOrProvince FL
Stories 1
IDXParticipationYN Yes
HorseYN No
LeasableAreaUnits Square Feet
SyndicationRemarks 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.
MIAMIRE_FloodZone X
NewConstructionYN No
NumberOfBuildings 2
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MIAMIRE_OkToAdvertiseList With Written Broker Approval
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UnparsedAddress 1940 Ali Baba Ave, Opa-Locka FL 33054
MIAMIRE_Blogging Yes
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