$561,000
2005 Ali Baba Avenue
Explore the area: Opa Locka homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $561,000
- Price per sq ft
- $468
- Original price
- Unchanged
- Days on market
- 99
This multi-family property in Magnolia Sub is listed at $561,000, or $468 per square foot. It has been on the market for 99 days.
Estimated monthly payment
$2,948 /mo
Principal and interest only, based on $112,200 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $561,000
- Days on Site
- 99 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,200 sqft
- Total Sq Ft
- 1,463 sqft
- Year Built
- 1959
- Property Type
- Multi-Family
- MLS #
- A11992876
- Property Tax
- $8,721 (2024)
- Subdivision
- MAGNOLIA SUB
- County
- Miami Dade
- Status
- Active
About This Property
This updated duplex presents an excellent investment opportunity, featuring two 2-bedroom, 1-bath units that are completely renovated for minimal maintenance. Each unit has its own separate electrical and water meter, allowing tenants to cover their utilities, which enhances your profitability. With both units currently rented, this property offers immediate cash flow, making it a smart addition to any investor's portfolio.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1959
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 1,200
- Total Sq Ft
- 1,463
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 5700
Interior Features
- Cooling
- Central Air / Electric
- Heating
- Electric / Separate Meters
- Flooring
- Laminate / Tile
Exterior Features
- Construction
- Block
- Roof
- Flat / Tile
Community & HOA
- Utilities
- Cable Not Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2210
Schools
- Elementary School
- Rainbow Park
- Middle School
- North Dade
- High School
- Hialeah-Miami Lakes
About the Community
- Homes for Sale
- 7
- Under Contract
- 1
- Median List Price
- $615,000
- Median $/Sq Ft
- $468
- Avg Days on Market
- 133
Frequently Asked Questions
- How do I schedule a tour of 2005 Ali Baba Avenue, Opa-Locka, FL 33054?
- Use the Tour button on this listing to request a showing of 2005 Ali Baba Avenue, Opa-Locka, FL 33054. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 2005 Ali Baba Avenue, Opa-Locka, FL 33054 still available?
- 2005 Ali Baba Avenue, Opa-Locka, FL 33054 is currently listed as Active, and has been on the market 99 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 2005 Ali Baba Avenue, Opa-Locka, FL 33054?
- With 20% down ($112,200) on the $561,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2005 Ali Baba Avenue, Opa-Locka, FL 33054 is about $2,948/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 2005 Ali Baba Avenue, Opa-Locka, FL 33054?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2005 Ali Baba Avenue, Opa-Locka, FL 33054. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 2005 Ali Baba Avenue, Opa-Locka, FL 33054?
- 2005 Ali Baba Avenue, Opa-Locka, FL 33054 is zoned for Rainbow Park (elementary), North Dade (middle), Hialeah-Miami Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 2005 Ali Baba Avenue, Opa-Locka, FL 33054?
- Often, yes. The right offer on 2005 Ali Baba Avenue, Opa-Locka, FL 33054 depends on how it's priced against comparable multi-family sales in Opa Locka, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Direct Realty Solutions
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$561,000
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Listed by Fernanda L Ibarra, Direct Realty Solutions
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Recent Sales
Recently sold homes in Magnolia Sub
These are the last 3 recorded closings in Magnolia Sub, with the price each home actually sold for rather than what it was listed at. They closed at a median of $387 per square foot. The most recent closed on August 14, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
- Photo Coming SoonSold
$160,000
Sold · August 14, 2026
1958 Lincoln Avenue
0 bed · 0 bath
Sold$750,000
Sold · October 2, 2025
1786 Ali Baba Avenue
0 bed · 0 bath · 3,920 sqft · $191/sqft
$100,000 under the asking price
Sold$325,000
Sold · July 21, 2025
1968 Lincoln Avenue
3 bed · 1 bath · 840 sqft · $387/sqft
See every recorded sale in Magnolia Sub or find out what your Magnolia Sub home is worth.
