16962 NW 55 AVE C-7, Opa-locka, FL 33055

16962 NW 55 AVE C-7, Opa-locka, FL 33055 is a 3-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1981 with 1,248 square feet of living space. The property is currently owned by ARNALDO L GONZALEZ, 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 1985-07-01 for $48,000. The 2025 assessed value is $72,953 with a market value of $263,800. The assessed value increased 3% from $70,897 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $60,345, and the median home value is $338,100. The population density is 6,234 people per square mile. 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 $38 per square foot — a key metric for comparing value across the area's real estate market..