5266 NW 194 LN, Opa-locka, FL 33055

5266 NW 194 LN, Opa-locka, FL 33055 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1979 with 1,208 square feet of living space on a 3,150 square foot lot. The property is currently owned by JOSE CARLOS ALVAREZ LOURDES ALVAREZ, 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 2014-04-30 for $150,000, when ANTONIO HERRERA &W sold to JOSE CARLOS ALVAREZ. The property has appreciated $49,000 (49%) since the prior sale of $101,000 on 2003-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $196,507 with a market value of $280,987. This breaks down to $113,400 for the land and $167,587 for the building. The assessed value increased 3% from $190,969 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. The complete ownership history of this property spans from 1993 to 2014, with 3 recorded transactions in the public record.

The current assessed value represents 131% 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 $124 per square foot — a key metric for comparing value across the area's real estate market..