Magnolia Gardens Consolid Homes for Sale

Magnolia Gardens Consolid is a community in Opa-locka, Miami-Dade County, Florida. Active listings are priced from $439,000 to $579,999. Homes were built between 1949 and 1950. Pure Equity lists homes in Magnolia Gardens Consolid and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Magnolia Gardens Consolid and the Opa-locka area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 10 Magnolia Gardens Consolid Opa-locka homes for sale as of October 2026. The median asking price is $415,000. Asking prices run from $360,000 to $530,000.

That is 14% below the Opa-locka median of $480,000. On a per-foot basis, homes here ask about $439 per square foot, roughly in line with the city at $444. So the median price buys roughly 950 square feet of living area.

Listings here have averaged 45 days on the market. That is faster than the Opa-locka average of 135 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Magnolia Gardens Consolid date from 1949 to 1950. That puts them between 76 and 77 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in Magnolia Gardens Consolid have a median asking rent of $2,200 per month, across 3 active rental listings. For comparison, the Opa-locka median is $1,900, so rents here run 16% higher.

For investors, those medians imply a gross yield near 6.4% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Opa-locka rentals or ask us for a rent estimate on a specific Magnolia Gardens Consolid home.

Here is what the median Magnolia Gardens Consolid price means in Florida closing terms. At $415,000, a 20% down payment comes to about $83,000, leaving a loan near $332,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,162. Next, the intangible tax of 0.2% adds about $664. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $2,490 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Magnolia Gardens Consolid listings show assignments to Nathan B. Young (elementary), North Dade (middle) and Hialeah-Miami Lakes (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.