4840 NW 185 TER, Opa-locka, FL 33055

4840 NW 185 TER, Opa-locka, FL 33055 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1970 with 1,058 square feet of living space on a 7,500 square foot lot. The property is currently owned by OSCAR CARDOZA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2006-08-23 for $299,000, when DAYSI HERNANDEZ sold to OSCAR CARDOZA. The property has appreciated $104,000 (53%) since the prior sale of $195,000 on 2005-09-27. There are 3 recorded sales for this property.

The 2025 assessed value is $88,798 with a market value of $305,730. This breaks down to $180,000 for the land and $125,730 for the building. The assessed value increased 3% from $86,296 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 $64,455, and the median home value is $407,800. The population density is 8,152 people per square mile. The complete ownership history of this property spans from 2003 to 2006, with 3 recorded transactions in the public record.

The current assessed value represents 30% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $283 per square foot — a key metric for comparing value across the area's real estate market..