240 BAHMAN AVE, Opa-locka, FL 33054

240 BAHMAN AVE, Opa-locka, FL 33054 is a office building - one story : office building built in 1964 with 8,687 square feet of living space on a 10,800 square foot lot. The property is currently owned by OPA-LOCKA COMMUNITY REDEVELOPMENT AGENCY, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-07-29 for $3,000,000, when NEW FELLOWSHIP sold to OPA-LOCKA COMMUNITY. The property has appreciated $2,752,500 (1112%) since the prior sale of $247,500 on 1991-05-01. The 2025 assessed value is $1,245,551 with a market value of $1,245,551.

This breaks down to $324,000 for the land and $921,551 for the building. The assessed value decreased 0% from $1,247,513 in 2024. The median household income in this area is $52,097, and the median home value is $317,500.

The population density is 6,980 people per square mile. The complete ownership history of this property spans from 1991 to 2025, with 2 recorded transactions in the public record. The current assessed value represents 42% 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 $345 per square foot — a key metric for comparing value across the area's real estate market..