5256 NW 194 LN, Opa-locka, FL 33055

5256 NW 194 LN, Opa-locka, FL 33055 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1979 with 1,575 square feet of living space on a 3,308 square foot lot. The property is currently owned by FRANCISCO J RAMIREZ LINDSEY M PAJON, 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 2005-07-01 for $225,500. The property has appreciated $166,500 (282%) since the prior sale of $59,000 on 1993-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $128,845 with a market value of $301,084. This breaks down to $119,088 for the land and $181,996 for the building. The assessed value increased 3% from $125,214 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 1991 to 2005, with 3 recorded transactions in the public record.

The current assessed value represents 57% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $143 per square foot — a key metric for comparing value across the area's real estate market..