590 DOUGLAS RD, Opa-locka, FL 33054

590 DOUGLAS RD, Opa-locka, FL 33054 is a 8-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1958 with 3,090 square feet of living space on a 7,800 square foot lot. The property is currently owned by MIKON FINANCIAL SERVICES 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 2012-10-11 for $125,000, when DEUTSCHE BANK NATL TRUST CO TRS sold to MIKON FINANCIAL SERVICES INC. The property has appreciated $122,400 (4708%) since the prior sale of $2,600 on 2012-04-16. There are 3 recorded sales for this property.

The 2025 assessed value is $268,374 with a market value of $498,000. This breaks down to $210,375 for the land and $287,625 for the building. The assessed value increased 10% from $243,977 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 $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 2005 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 215% 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 $40 per square foot — a key metric for comparing value across the area's real estate market..