5040 NW 198 ST, Opa-locka, FL 33055

5040 NW 198 ST, Opa-locka, FL 33055 is a 5-bedroom, 2-bathroom residential - single family : 1 unit built in 1973 with 1,624 square feet of living space on a 10,500 square foot lot. The property is currently owned by JOSE MANUEL MILIAN JUSANNY TUERO, 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 2018-02-07 for $300,000, when GARDEN 198 LLC sold to JOSE MANUEL MILIAN . The property has appreciated $205,500 (217%) since the prior sale of $94,500 on 2012-09-14. There are 3 recorded sales for this property.

The 2025 assessed value is $294,358 with a market value of $454,915. This breaks down to $252,000 for the land and $202,915 for the building. The assessed value increased 3% from $286,063 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 $72,471, and the median home value is $331,500. The population density is 9,588 people per square mile. There are active mortgage liens totaling $271,658 recorded against this property.

The complete ownership history of this property spans from 2001 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 98% of the most recent sale price. Based on the most recent sale, this property traded at $185 per square foot — a key metric for comparing value across the area's real estate market..