2857 NW 87th Ave Coral Springs, FL 33065

3 beds · 2 baths · 2,241 sq ft · Lot Size: 10,207 sq ft · Single Family Home · Forest Hills
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2857 NW 87th Ave is in the Forest Hills neighborhood of Coral Springs, FL. It is located in Broward County and ZIP code 33065. This Single Family Home was built in 1972 and is approximately 53 years old. The single family home spans 2241 sq ft with 3 bedrooms and 2 bathrooms and sits on a 10207 sq ft lot. According to public records, it was last sold in 2018 for $300,000. The Forest Hills area of Coral Springs has 264 residential homes. Analyze and compare real estate investment strategies for properties like this home at 2857 NW 87th Ave Coral Springs, FL 33065 with Property Intel by Whitepages.

Investment Potential for 2857 NW 87th Ave

The property has a current estimated value of $723,997, which is 5% above the neighborhood median, based on public records. It last sold on January 31, 2018 for $300K. Projected long-term
is $60,000 annually ($5,000 per month) with a 91% occupancy rate.

Long-Term

Gross Rental
$60,000 per year($5,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 33065 zip code
 
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Owners & Occupancy for 2857 NW 87th Ave

This property is owned by Lia Montano. Owner contact information includes .

Property Owners

Residence***********
Distance from Property**********
Cell Phone(954) ***-****
Residence*****************
Landline(954) 575-1407+ 3 more
Distance from Property**********
Email Address****************@aol.com

Property Ownership Information

Purchase DateJanuary 31, 2018
Property Tax Amount$6,523 in 2023
Purchase Price$300,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 25
Resident 2********************** age 34
Resident 3****************** age 69

Property Details for 2857 NW 87th Ave

Property Details

Property Sq Ft

Living Area

2,241 sq ft

Compare to Forest Hills

Lot Size

10,207 sq ft

Compare to Forest Hills

Price Per Sq Ft

Living Area

$323 / sq ft

Compare to Forest Hills

Lot Size Area

$71 / sq ft

Compare to Forest Hills
Property condition, age, exterior, etc. for 2857 NW 87…
Longitude: -80.242377 Latitude: 26.265737 Parcel Number (APN): 48-41-22-05-0830…
Mortgage originated on through lender: Sachs Karl & Donna for$******View Mortgage Details
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Market Benchmarks

Compare data for 2857 NW 87th Ave in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$723,997
$354,591
$369,405 (104%)
$485,305
$510,389 (105%)
YoY Price Change
1.8%
-355%
Year Built
1972
1990
-18 years
Living Space
2,241 sq ft
1,628 sq ft
613 (38%)
$ Per Living Sq Ft
$323
$218
$105 (48%)
Lot Size
10,207 sq ft
9,610 sq ft
597 (6%)
$ Per Lot Sq Ft
$71
$40
$31 (77%)

Net Operating Income
$20,263
$19,916 (98%)
Annual Revenue
$60,000
$29,400
$30,600 (104%)
$9,176
$10,645 (116%)
Net Operating Income
$20,263
$19,916 (98%)
Cap Rate
5.87%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians