5531 NW 172 ST, Opa-locka, FL 33055

5531 NW 172 ST, Opa-locka, FL 33055 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1961 with 1,240 square feet of living space on a 8,500 square foot lot. The property is currently owned by MSV PROPERTIES INC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2011-12-22 for $80,000, when HOMESALES INC sold to MSV PROPERTIES INC. The property has appreciated $9,400 (13%) since the prior sale of $70,600 on 2010-09-09. There are 3 recorded sales for this property.

The 2025 assessed value is $296,580 with a market value of $359,074. This breaks down to $195,500 for the land and $163,574 for the building. The assessed value increased 10% from $269,619 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 $60,345, and the median home value is $338,100.

The population density is 6,234 people per square mile. The complete ownership history of this property spans from 2004 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 371% 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 $65 per square foot — a key metric for comparing value across the area's real estate market..