4805 NW 196 TER, Opa-locka, FL 33055

4805 NW 196 TER, Opa-locka, FL 33055 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1973 with 1,228 square feet of living space on a 8,800 square foot lot. The property is currently owned by EDGAR VEGA, 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 2018-12-28 for $145,000, when ROBERT MULET sold to EDGAR VEGA. There are 3 recorded sales for this property. The 2025 assessed value is $329,725 with a market value of $366,690.

This breaks down to $211,200 for the land and $155,490 for the building. The assessed value increased 10% from $299,750 in 2024. 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 $72,471, and the median home value is $331,500. The population density is 9,588 people per square mile.

The complete ownership history of this property spans from 1979 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 227% 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 $118 per square foot — a key metric for comparing value across the area's real estate market..