5347 NW 198 TER, Opa-locka, FL 33055

5347 NW 198 TER, Opa-locka, FL 33055 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1984 with 1,044 square feet of living space on a 4,009 square foot lot. The property is currently owned by DEBRAY ERNESTO OROZCO YELINA CASTILLO SOTO, 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 2025-07-11 for $455,000. There are 4 recorded sales for this property. The 2025 assessed value is $112,483 with a market value of $260,127.

This breaks down to $133,362 for the land and $126,765 for the building. The assessed value increased 3% from $109,313 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 $427,859 recorded against this property. The complete ownership history of this property spans from 1989 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 25% 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 $436 per square foot — a key metric for comparing value across the area's real estate market..