12462 NW 38 AVE A12462, Opa-locka, FL 33054

12462 NW 38 AVE A12462, Opa-locka, FL 33054 is a light manufacturing : condominium - commercial built in 2005 with 1,470 square feet of living space. The property is currently owned by MALU PROPERTIES 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 2015-11-04 for $135,000, when CONFUSIO LLC sold to MALU PROPERTIES INC. The property has appreciated $50,750 (60%) since the prior sale of $84,250 on 2012-01-26. There are 3 recorded sales for this property.

The 2025 assessed value is $205,439 with a market value of $294,000. The assessed value increased 10% from $186,763 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $53,864, and the median home value is $242,000. The population density is 2,817 people per square mile.

The complete ownership history of this property spans from 2011 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 152% 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 $92 per square foot — a key metric for comparing value across the area's real estate market..