1125 SHARAZAD BLVD, Opa-locka, FL 33054

1125 SHARAZAD BLVD, Opa-locka, FL 33054 is a 8-bedroom, 8-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1952 with 4,200 square feet of living space on a 9,877 square foot lot. The property is currently owned by LEHMAN APARTMENTS LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2012-12-31 for $683,333, when SUNSTATE BANK sold to LEHMAN APARTMENTS LLC. The property has appreciated $543,333 (388%) since the prior sale of $140,000 on 2011-05-25. There are 3 recorded sales for this property.

The 2025 assessed value is $414,575 with a market value of $880,000. This breaks down to $246,925 for the land and $633,075 for the building. The assessed value increased 10% from $376,887 in 2024.

The median household income in this area is $50,927, and the median home value is $301,700. The population density is 7,809 people per square mile. The complete ownership history of this property spans from 2008 to 2012, with 3 recorded transactions in the public record.

The current assessed value represents 61% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $163 per square foot — a key metric for comparing value across the area's real estate market..