5240 NW 183 ST, Opa-locka, FL 33055

5240 NW 183 ST, Opa-locka, FL 33055 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1959 with 1,975 square feet of living space on a 7,500 square foot lot. The property is currently owned by ILEANA RODRIGUEZ PEDRO BAEZ, 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 2021-02-25 for $64,500, when ILEANA RODRIGUEZ sold to ILEANA RODRIGUEZ. The property sold for $115,500 less than the prior sale of $180,000 on 2014-03-12. There are 3 recorded sales for this property.

The 2025 assessed value is $197,472 with a market value of $370,578. This breaks down to $172,500 for the land and $198,078 for the building. The assessed value increased 3% from $191,907 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 $70,118, and the median home value is $369,500. The population density is 6,329 people per square mile. The complete ownership history of this property spans from 2014 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 306% 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 $33 per square foot — a key metric for comparing value across the area's real estate market..