5002 NW 188 ST, Opa-locka, FL 33055

5002 NW 188 ST, Opa-locka, FL 33055 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1970 with 1,478 square feet of living space on a 8,100 square foot lot. The property is currently owned by JOSE SUAREZ, 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 2018-03-30 for $312,000, when ALVARO GRANADOS &W sold to JOSE SUAREZ. The property has appreciated $151,000 (94%) since the prior sale of $161,000 on 2003-06-01. The 2025 assessed value is $289,830 with a market value of $425,521.

This breaks down to $194,400 for the land and $231,121 for the building. The assessed value increased 3% from $281,662 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. There are active mortgage liens totaling $17,545 recorded against this property. The complete ownership history of this property spans from 2003 to 2018, with 2 recorded transactions in the public record.

The current assessed value represents 93% of the most recent sale price. Based on the most recent sale, this property traded at $211 per square foot — a key metric for comparing value across the area's real estate market..