5 AVE, OP, FL 33334

Parcel: 494223120250 · 48 · Zoning:

Assessed Value (2026)
$1,939,750

Property Details

Year Built
1971
Lot Sqft
40,955

Sales History

1
$142,857
1979-12-01
2
$1,425,000+898%
2017-12-13

Tax Assessment History

$1,939,750
Assessed (2026)
$2,616,790
Market Value
$1,939,750
Taxable Value
$39,492
Annual Tax
2025
$4,256,563
$0
2026
$1,939,750
$2,616,790
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $1,939,750 $2,616,790 $1,939,750 $39,492
2025 $4,256,563 $ $1,763,410 $35,902

About 5 AVE, OP, FL 33334

5 AVE, OP, FL 33334 is a property built in 1971 on a 40,955 square foot lot. The property is currently owned by PROSPECT I-1 LLC, recorded as of 2026-03-30. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2017-12-13 for $1,425,000. The property has appreciated $1,282,143 (898%) since the prior sale of $142,857 on 1979-12-01. The 2026 assessed value is $1,939,750 with a market value of $2,616,790.

This breaks down to $491,460 for the land and $2,125,330 for the building. The assessed value decreased 54% from $4,256,563 in 2025. 5 AVE, OP, FL 33334 is located in OP, Florida.

Property records, tax assessments, sales history, and ownership information for this OP property are sourced from broward County public records. The complete ownership history of this property spans from 1979 to 2017, with 2 recorded transactions in the public record. The current assessed value represents 136% 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..

Current Owner

PROSPECT I-1 LLC
850 E OAKLAND PARK BLVD, OAKLAND PARK, FL, 33334
Since: 2026-03-30
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Find registered agent and officers for this entity

Est. Annual Insurance

$18,827 — $33,969
Flood $400 — $800
Property/Wind $18,427 — $33,169

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 33334

56.6%
Owner-Occ
43.4%
Investor
288
Flips (4yr)
4,789
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →

Foreclosure History

Past filings (10)
  • 2018-06-20 · CATO,LOUIS
  • 2018-06-20 · CATO,LOUIS
  • 2018-06-20 · CATO,LOUIS
  • 2018-06-20 · CATO,LOUIS
  • 2018-06-20 · CATO,LOUIS
  • 2018-06-20 · CATO,LOUIS
  • 2018-06-20 · CATO,LOUIS
  • 2018-06-20 · CATO,LOUIS
  • 2018-06-20 · CATO,LOUIS
  • 2018-06-20 · CATO,LOUIS