Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

REDUCED!!!GREAT OPPORTUNITY TO OWN 3 BUILDINGS SIDE BY SIDE, STEADY RENTAL INCOME. CENTRALLY LOCATED IN FRONT OF THE OPA LOCKA TRI-RAIL STATION & WITHIN WALKING DISTANCE THE NEW AMAZON WAREHOUSE. SALE INCLUDES FOLIOS: 08-2121-014-0030; 08-2121-014-0040; 08-2121-014-0050. CURRENTLY OPERATING AS A TOTAL OF 12-1/1 UNITS, RECORDS HAVE BUILDING (435) AS 4 UNITS W/ 2/1 EACH, OTHER 2 BUILDINGS (465-475) HAVE 4 UNITS W/ 1/1’S EACH BUILDING. OCCUPANCY AT 100%. CURRENT CAP RATE AT 5.5%-6.5% W/ ROOM TO INCREASE AS RENTS AREN’T AT THEIR MAX RATE. WATER METER COULD BE SUBMETERED FOR TENANTS TO PAY THEIR WATER rn & INCREASE INCOME. 2 OF THE BUILDINGS HAVE NEW ROOFS INSTALLED 2 YEARS AGO. MUST UNITS HAVE REMODELED KITCHENS & TILE-TERRAZO FLOORS. OWNER PAYS FOR WATER/TRASH. PLEASE DO NOT DISTURB TENANTS.

Features
: Wall/window Units
: Wall/window Unit(s)
: 18
: 110 Volts Power, 220 Volts
: Ceramic Floor, Terrazzo
: City Location, Corner Unit, In Residential Area
: Guest, Assigned
: Shingle
: Smoke Detector(s), Security Fence
: Other
Address Details
FL
Miami-Dade County
Opa-Locka
33054
465 Ali Baba Ave
435-475 Ali Baba Ave
0
Other
: Concrete Block Construction
234
: Building & Land, Equipment
: Month To Month
: Conventional/refinance, Cash
: City Street
1
: Sale
1
: Other Building Type
$4,908
: Public
4400

Commercial Sale For Sale

435-475 Ali Baba Ave

465 Ali Baba Ave, Opa-Locka, Florida 33054

19,785 Sqft
$1,599,000
Listing ID #A11028558
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11028558
Price : $1,599,000
Year Built : 1969
Lot Area : 19,785 Sqft
Building Area : 6,720 Sqft
Status : Active
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