16
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$790,000
Est. payment /mo
2,531 SqFt
New
2304 Ali Baba Ave Opa-locka, FL 33054
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,531 sqft
Price per Sqft $312
MLS Listing ID A11810663
HOA Y/N No
Year Built 1957
Annual Tax Amount $6,713
Lot Size 6,875 Sqft
Property Sub-Type Mixed Use
Property Description
Presenting a unique value-add mixed-use asset with underlying industrial zoning, ideally situated along Opa-locka's main Ali Baba Avenue corridor.
Positioned for upside and versatility, the site consists of an 8-unit rooming house-style residential building in the rear and a street-fronting automotive garage--directly across from the area's well-established industrial district.
In need of renovation, the property is ideal for investors looking to unlock value through creative re-use, whether by reactivating the residential units as affordable housing, converting to storage, light industrial or office use, or removing the garage to create yard or parking space, the site offers multiple high-margin paths to transform and profit at a fraction of the acquisition cost.
Positioned for upside and versatility, the site consists of an 8-unit rooming house-style residential building in the rear and a street-fronting automotive garage--directly across from the area's well-established industrial district.
In need of renovation, the property is ideal for investors looking to unlock value through creative re-use, whether by reactivating the residential units as affordable housing, converting to storage, light industrial or office use, or removing the garage to create yard or parking space, the site offers multiple high-margin paths to transform and profit at a fraction of the acquisition cost.
Location
State FL
County Miami-dade
Area 21
Exterior
Private Pool Yes
Others
Tax ID 08-21-22-004-0140
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11810663
Listed by The Alpha Commercial Advisors LLC