550 FISHERMAN ST, Opa-locka, FL 33054

550 FISHERMAN ST, Opa-locka, FL 33054 is a federal : federal built in 1962 with 10,585 square feet of living space on a 33,750 square foot lot. The property is currently owned by U S POSTAL SERVICE OPA LOCKA MAIN POST OFFICE, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 1989-12-01 for $77,318. The 2025 assessed value is $661,240 with a market value of $661,240. This breaks down to $202,500 for the land and $458,740 for the building.

The assessed value increased 5% from $627,490 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 current assessed value represents 855% 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 $7 per square foot — a key metric for comparing value across the area's real estate market..