5021 NW 188 TER, Opa-locka, FL 33055

5021 NW 188 TER, Opa-locka, FL 33055 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1970 with 1,150 square feet of living space on a 7,500 square foot lot. The property is currently owned by MAIKEL LOPEZ CAMACHO KARLA ELOISA RIVERA SABILLON, 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 2020-04-13 for $316,000, when BARBARA ESPARANZA LE sold to MAIKEL LOPEZ CAMACHO. The property has appreciated $315,900 (315900%) since the prior sale of $100 on 2018-08-23. The 2025 assessed value is $262,110 with a market value of $369,714.

This breaks down to $180,000 for the land and $189,714 for the building. The assessed value increased 3% from $254,724 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 2018 to 2020, with 2 recorded transactions in the public record. The current assessed value represents 83% of the most recent sale price.

Based on the most recent sale, this property traded at $275 per square foot — a key metric for comparing value across the area's real estate market..