5306 NW 198 TER, Opa-locka, FL 33055
Parcel: 3021060250240 · Residential - Single Family · Cluster Home · Zoning: 2800
Assessed Value (2025)
$529,297
Property Details
Beds
4
Baths
3
Living Sqft
2,272
Year Built
1984
Lot Sqft
8,608
Stories
1
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME
Sales History
1
$312,000
2007-05-01
2
$100non-market transfer
2013-08-23
MARLEN MARTIN → NELSON MARTIN
3
$100non-market transfer
2023-10-31
NELSON MARTIN → NELSON F MARTIN TRS
4
N/A
2023-11-08
Tax Assessment History
$529,297
Assessed (2025)
$587,315
Market Value
$529,297
Taxable Value
$10,776
Annual Tax
2024
$417,137
$441,316
2025
$529,297
$587,315
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $529,297 | $587,315 | $529,297 | $10,776 | $216,144 | $371,171 |
| 2024 | $417,137 | $441,316 | $417,137 | $8,493 | $204,136 | $237,180 |
About 5306 NW 198 TER, Opa-locka, FL 33055
5306 NW 198 TER, Opa-locka, FL 33055 is a 4-bedroom, 3-bathroom residential - single family : cluster home built in 1984 with 2,272 square feet of living space on a 8,608 square foot lot. The property is currently owned by NELSON F MARTIN TRS THE REV TRUST OF NELSON F MARTIN, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 4 recorded sales for this property. The 2025 assessed value is $529,297 with a market value of $587,315. This breaks down to $216,144 for the land and $371,171 for the building.
The assessed value increased 27% from $417,137 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 2007 to 2023, with 4 recorded transactions in the public record..
Building Permits (6)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2024077908 | building | F | — | ||
| C2024074632 | mechanical | F | — | ||
| W2024065033 | building | F | — | ||
| C2024018915 | plumbing | F | — | ||
| C2024018912 | electrical | F | — | ||
| C2023147429 | building | F | $29,990 |
Current Owner
NELSON F MARTIN TRS THE REV TRUST OF NELSON F MARTIN
18900 SW 49 ST, SOUTHWEST RANCHES, FL, 33332
Since: 2026-04-19
View owner profile →
People Behind This Entity
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$5,692 — $10,327
Flood $400 — $800
Property/Wind $5,292 — $9,527
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$72,471
Median Home Value$331,500
Pop. Density9,588/sq mi
Neighborhood 33055
70.6%
Owner-Occ
29.4%
Investor
191
Flips (4yr)
3,116
New Biz (3yr)
Distress Risk
ELEVATED
43
Zoom in to see property sales