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$492,900
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Property Description
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.
Full Property Details
Full Property Details for 4892 NW 168th Terrace
General
- Sold For: $492,900
- Taxes: $1,400 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8527675
- Added to Site: 52 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Other
- Appliances: Other
- Furnishings: Negotiable
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room, Outside
Exterior
- Exterior Features: Other
Location
- Area: 33055 - Opa Locka
- County: Miami-Dade
- Development Name: 33055 - Opa Locka
- Subdivision: PALMETTO GARDENS
- Driving Directions: Take the exit for NW 47th Avenue. Turn left (north) onto NW 47th Avenue. Continue about 1 mile. Turn right onto NW 168th Terrace. Continue to 4892 NW 168th Terrace, which will be on your right.
- Direction Faces: Northwest
Community
- Community Name: 33055 - Opa Locka
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central, Electric, Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Other
Structural Information
- Exterior Const.: Block, Concrete
- Roof: Built-Up, Shingle
- Stories/Levels: One
- Square Feet: 1,477
- Sq. Ft. Source: Public Records
- Living Area: 1,477 Sq. Ft.
- Year Built: 1970
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,319
- Lot Size: 9319
- Lot Dimensions: 95.09 x 98
- Street/Road Desc.: Asphalt, Concrete
Financial Considerations
- Tax Amount: $1,400.92
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: 7 52 41 PALMETTO GARDENS PB 68-30 LOT 15 BLK F LOT SIZE 107.690 X 98 OR 13178-0558 0287 4
- Flood Zone Info: AE
- APN: 3021070070790
- Property ID: 3021070070790
- Block/Lot/Section: F
Listed and Sold by Richard Peters Realty Llc
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Schools
Schools serving 4892 NW 168th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
North Glade Elementary School 5000 Nw 177th St, Miami Gardens, FL 33055 | PK-5 | 0.5 mi |
Lake Stevens Middle School 18484 Nw 48th Pl, Miami Gardens, FL 33055 | 6-8 | 1 mi |
Miami Carol City Senior High School 3301 Miami Gardens Drive, Miami Gardens, FL 33056 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4892 NW 168th Terrace
Date
Details
Price
Change
Source
8/18/2026
Sold
$492,900
—
MLS
7/13/2026
Price Reduced
$492,900
-7.87%
MLS
7/09/2026
Listed
$534,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4892 NW 168th Terrace, Opa Locka, FL 33055 (MLS# TB8527675) is a Single Family property that was sold at $492,900 on August 18, 2026. Want to learn more about 4892 NW 168th Terrace? Do you have questions about finding other Single Family real estate for sale in Opa Locka? You can browse all Opa Locka real estate or contact a Coldwell Banker agent to request more information.

