1940 ALI BABA AVE, Opa-locka, FL 33054

1940 ALI BABA AVE, Opa-locka, FL 33054 is a 5-bedroom, 2-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1944 with 2,040 square feet of living space on a 3,125 square foot lot. The property is currently owned by PURAN INVESTMENTS INC, 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 2017-05-10 for $110,000, when UNITED PROPERTIES & RENTALS INC sold to PURAN INVESTMENTS INC. The property has appreciated $109,900 (109900%) since the prior sale of $100 on 2014-10-17. There are 3 recorded sales for this property.

The 2025 assessed value is $233,479 with a market value of $387,600. This breaks down to $53,125 for the land and $334,475 for the building. The assessed value increased 10% from $212,254 in 2024.

The median household income in this area is $32,476, and the median home value is $308,900. The population density is 8,100 people per square mile. The complete ownership history of this property spans from 2014 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 212% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $54 per square foot — a key metric for comparing value across the area's real estate market..