5411 NW 198 TER, Opa-locka, FL 33055

Parcel: 3021060250530 · Residential - Single Family · Cluster Home · Zoning: 2800

Assessed Value (2025)
$143,249

Property Details

Beds
3
Baths
1
Living Sqft
1,357
Year Built
1986
Lot Sqft
4,144
Stories
1
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$62,900
1986-05-01
2
$235,000+274%
2006-01-01
3
$10,000-96%
2018-09-26
JOSE OTAROLA & TOMAS CORTESTOMAS CORTES

Tax Assessment History

$143,249
Assessed (2025)
$309,710
Market Value
$42,527
Taxable Value
$866
Annual Tax
2024
$139,212
$303,632
2025
$143,249
$309,710
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $143,249 $309,710 $42,527 $866
2024 $139,212 $303,632 $39,212 $798

About 5411 NW 198 TER, Opa-locka, FL 33055

5411 NW 198 TER, Opa-locka, FL 33055 is a 3-bedroom, 1-bathroom residential - single family : cluster home built in 1986 with 1,357 square feet of living space on a 4,144 square foot lot. The property is currently owned by TOMAS CORTES ESTHER CORTES, 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 2018-09-26 for $10,000, when JOSE OTAROLA & TOMAS CORTES sold to TOMAS CORTES. The property sold for $225,000 less than the prior sale of $235,000 on 2006-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $143,249 with a market value of $309,710. This breaks down to $135,792 for the land and $173,918 for the building. The assessed value increased 3% from $139,212 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 1986 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 1432% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $7 per square foot — a key metric for comparing value across the area's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2026027060 building F $10,756

Current Owner

TOMAS CORTES ESTHER CORTES
5411 NW 198 TER, MIAMI GARDENS, FL, 33055
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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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