5405 NW 198 TER, Opa-locka, FL 33055

Parcel: 3021060250520 · Residential - Single Family · Cluster Home · Zoning: 2800

Assessed Value (2025)
$271,225

Property Details

Beds
2
Baths
2
Living Sqft
1,310
Year Built
1985
Lot Sqft
4,236
Stories
1
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$72,900
1993-09-01
2
$100non-market transfer
2010-11-01
DEMETRIUS V JACKSON &W FLEURISEFLEURISE MOMPOINT
3
$320,000
2020-10-01
FLEURISE MOMPOINTSANTOS VALDES

Tax Assessment History

$271,225
Assessed (2025)
$344,654
Market Value
$220,503
Taxable Value
$4,489
Annual Tax
2024
$263,582
$339,512
2025
$271,225
$344,654
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $271,225 $344,654 $220,503 $4,489
2024 $263,582 $339,512 $213,582 $4,348

About 5405 NW 198 TER, Opa-locka, FL 33055

5405 NW 198 TER, Opa-locka, FL 33055 is a 2-bedroom, 2-bathroom residential - single family : cluster home built in 1985 with 1,310 square feet of living space on a 4,236 square foot lot. The property is currently owned by SANTOS VALDES MARIA TERESA VALDES, 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 2020-10-01 for $320,000, when FLEURISE MOMPOINT sold to SANTOS VALDES. The property has appreciated $319,900 (319900%) since the prior sale of $100 on 2010-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $271,225 with a market value of $344,654. This breaks down to $137,448 for the land and $207,206 for the building. The assessed value increased 3% from $263,582 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 2020, with 3 recorded transactions in the public record.

The current assessed value represents 85% of the most recent sale price. Based on the most recent sale, this property traded at $244 per square foot — a key metric for comparing value across the area's real estate market..

Current Owner

SANTOS VALDES MARIA TERESA VALDES
5405 NW 198 TER, MIAMI, FL, 33055
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,112 — $5,682
Flood $400 — $800
Property/Wind $2,712 — $4,882

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
View full risk analysis →
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