5148 NW 194 LN, Opa-locka, FL 33055

5148 NW 194 LN, Opa-locka, FL 33055 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1983 with 1,085 square feet of living space on a 3,825 square foot lot. The property is currently owned by ALBERTO GARCIA ALVAREZ NORMA N ORTEGA, 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 2020-08-28 for $285,000, when MARTHA ELENA GARCIA CANEJAS sold to ALBERTO GARCIA ALVAREZ. The property has appreciated $149,500 (110%) since the prior sale of $135,500 on 2015-03-16. There are 3 recorded sales for this property.

The 2025 assessed value is $129,679 with a market value of $255,780. This breaks down to $130,050 for the land and $125,730 for the building. The assessed value increased 3% from $126,025 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 2014 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 46% 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 $263 per square foot — a key metric for comparing value across the area's real estate market..