5030 NW 188 TER, Opa-locka, FL 33055

5030 NW 188 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 MICHEL PALMEIRO, 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 2023-12-15 for $448,000. There are 3 recorded sales for this property. The 2025 assessed value is $354,210 with a market value of $354,210.

This breaks down to $180,000 for the land and $174,210 for the building. The assessed value decreased 5% from $374,645 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 $392,207 recorded against this property. The complete ownership history of this property spans from 2021 to 2023, with 3 recorded transactions in the public record.

The current assessed value represents 79% of the most recent sale price. Based on the most recent sale, this property traded at $423 per square foot — a key metric for comparing value across the area's real estate market..