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Sold for $492,900
  • $492,900

    4892 NW 168TH TERRACE, OPA LOCKA, FL 33055

    3beds
    1,477sqft
    Single Family Residence
    Built in 1970
    9,319 Square Feet Lot
    $482,000 Zestimate®
    $334/sqft
    $3,344 Estimated rent

    Home value

    $482,000

    $458,000 - $506,000

    $3,344/mo

    Zestimate® history
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    What's special

    Gated entranceFully fenced yardMature shade treesMultiple private entrancesBreakfast barThree comfortable bedroomsAbundant natural light
    <LAST PRICE REDUCTION><HIGHEST & BEST BY 07/29/2026> Welcome to this incredible opportunity in one of Opa-locka's most desirable neighborhoods! This versatile property features a 3-bedroom, 2-bathroom main residence plus two separate efficiencies, making it an exceptional opportunity for investors and owner-occupants alike. Situated on an absolutely massive corner lot with multiple private entrances, this property is tucked away on a quiet street while remaining just minutes from shopping, restaurants, major highways, airports, and more. Whether you're looking for your next fix-and-flip, a long-term cash-flowing rental, a house hack by living in one unit while renting the others, or the perfect multi-generational living setup, this property truly offers endless possibilities. Exceptional curb appeal welcomes you with mature tropical landscaping, towering palms, a fully fenced yard, and a gated entrance leading to the covered front porch. Multiple driveways and an oversized parking area provide abundant space for numerous vehicles, boats, trailers, RVs, or work equipment. Accessed through the covered side patio, the main residence offers a spacious open-concept living, dining, and kitchen area with ample cabinetry, generous counter space, and a breakfast bar. Three comfortable bedrooms, two full bathrooms, and abundant natural light create a functional layout that's well maintained while still offering room to add value. Also accessed through the side patio, the first efficiency features its own private entrance, an open living/sleeping area, kitchenette, and full bathroom. The second efficiency enjoys its own front entrance and includes an open-concept layout, kitchenette, and an updated full bathroom with a modern vanity and tiled walk-in shower, providing excellent flexibility for guests, extended family, or rental income. The expansive backyard is one of the property's true highlights, featuring a large open patio, mature shade trees, tropical landscaping, a storage shed, multiple private entrances, and an exceptionally long driveway with abundant parking for additional vehicles, boats, trailers, RVs, or commercial equipment. The roof is approximately 13 years old, the water heater is only six months old, and the electrical and plumbing are in good working condition. The central A/C is currently not operational but is believed to require only a minor repair (approximately $600 according to one estimate). Offered strictly as-is, buyers are to verify all permitting, zoning, code compliance, existing/potential violations, and the legality of the improvements and efficiencies with the appropriate municipalities. With no HOA and no rental restrictions, whether you're searching for your next investment property, a long-term income-producing asset, a multi-generational living opportunity, or a home with exceptional flexibility, this versatile property truly offers endless potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ronald Ryder 305-302-9806,

    RICHARD PETERS REALTY LLC 786-418-1388

    Bought with:

    Ronald Ryder, 3593068

    RICHARD PETERS REALTY LLC

    Source: Stellar MLS,MLS#: TB8527675MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central, Electric, Wall Units / Window Unit
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Other
    • Laundry: Laundry Room, Outside
    Features
    • Other
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 1,557
    • Total interior livable area: 1,477 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other
    Lot
    • Size: 9,319 Square Feet
    • Dimensions: 95.09 x 98
    Details
    • Parcel number: 3021070070790
    • Zoning: 0100
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete
    • Foundation: Slab
    • Roof: Built-Up,Shingle
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: PALMETTO GARDENS
    HOA
    • Has HOA: No
    Location
    • Region: Opa Locka

    Financial & listing details

    • Price per square foot: $334/sqft
    • Tax assessed value: $386,402
    • Annual tax amount: $1,400
    • Date on market: 7/9/2026
    • Cumulative days on market: 8 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Asphalt, Concrete

    Price history

    DateEventPrice
    8/18/2026Sold$492,900$334/sqft
    Source: Stellar MLS #TB8527675 Report a problem
    8/11/2026Listed for sale$492,900$334/sqft
    Source: Stellar MLS #TB8527675 Report a problem
    7/17/2026Contingent$492,900$334/sqft
    Source: Stellar MLS #TB8527675 Report a problem
    7/13/2026Price change$492,900-7.9%$334/sqft
    Source: Stellar MLS #TB8527675 Report a problem
    7/9/2026Listed for sale$534,999$362/sqft
    Source: Stellar MLS #TB8527675 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,401 +2.1%$115,678 +2.9%
    2024$1,372 +10.7%$112,418 +3%
    2023$1,240 +6%$109,144 +3%
    2022$1,170 +3.7%$105,966 +3%
    2021$1,128 +0.3%$102,880 +1.4%
    2020$1,124 +1.4%$101,460 +2.3%
    2019$1,109 +6.3%$99,179 +1.9%
    2018$1,044 +3.4%$97,330 +1.5%
    2017$1,009 -2.5%$95,907 +2.1%
    2016$1,035 -0.5%$93,935 +0.7%
    2015$1,040 -3%$93,283 +0.8%
    2014$1,072 -32.2%$92,543 -26.4%
    2013$1,581 $125,801 +1.7%
    2012$1,581 +3.3%$123,699 +3%
    2011$1,530 -0.9%$120,097 +1.5%
    2010$1,544 +7.7%$118,323 +2.7%
    2009$1,433 -31.9%$115,213 +32.8%
    2007$2,104 -3.2%$86,746
    2006$2,173 --
    2005$2,173 +1.9%--
    2004$2,133 +6.6%--
    2003$2,001 +41%--
    2002$1,419 --
    2001$1,419 --
    Find assessor info on the county website

    Neighborhood: 33055

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $482,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $482,000