251 NW 118th Ave Coral Springs, FL 33071

4 beds · 2 baths · 2,425 sq ft · Lot Size: 11,538 sq ft · Single Family Home · West Glen
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251 NW 118th Ave is in the West Glen neighborhood of Coral Springs, FL. It is located in Broward County and ZIP code 33071. This Single Family Home was built in 1988 and is approximately 37 years old. The single family home spans 2425 sq ft with 4 bedrooms and 2 bathrooms and sits on a 11538 sq ft lot. According to public records, it was last sold in 2002 for $269,000. The West Glen area of Coral Springs has 271 residential homes. Analyze and compare real estate investment strategies for properties like this home at 251 NW 118th Ave Coral Springs, FL 33071 with Property Intel by Whitepages.

Investment Potential for 251 NW 118th Ave

The property has a current estimated value of $701,515, which is 6% below the neighborhood median, based on public records. It last sold on May 20, 2002 for $269K. Projected long-term
is $61,200 annually ($5,100 per month) with a 95% occupancy rate.

Long-Term

Gross Rental
$61,200 per year($5,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 33071 zip code
 
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Owners & Occupancy for 251 NW 118th Ave

This property is owned by Avraham Avshara. Owner contact information includes and 1 email address.

Property Owners

Residence**************
Distance from Property**********
Email Address********@yahoo.com

Property Ownership Information

Purchase DateMay 20, 2002
Property Tax Amount$12,372 in 2023
Purchase Price$269,000

Occupancy

Resident 1*****************
Resident 2*******************
Resident 3**************
Resident 4*************** age 46
Resident 5******************** age 47

Property Details for 251 NW 118th Ave

Property Details

Property Sq Ft

Living Area

2,425 sq ft

Compare to West Glen

Lot Size

11,538 sq ft

Compare to West Glen

Price Per Sq Ft

Living Area

$289 / sq ft

Compare to West Glen

Lot Size Area

$61 / sq ft

Compare to West Glen
Property condition, age, exterior, etc. for 251 NW 118…
Longitude: -80.282531 Latitude: 26.235193 Parcel Number (APN): 48-41-31-02-0120…
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Market Benchmarks

Compare data for 251 NW 118th Ave in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$701,515
$499,312
$202,203 (40%)
$701,364
$280,190 (40%)
YoY Price Change
1.63%
-211%
Year Built
1988
2001
-13 years
Living Space
2,425 sq ft
2,425 sq ft
0 (0%)
$ Per Living Sq Ft
$289
$216
$73 (34%)
Lot Size
11,538 sq ft
10,221 sq ft
1317 (13%)
$ Per Lot Sq Ft
$61
$55
$6 (11%)

Net Operating Income
$21,413
$14,116 (66%)
Annual Revenue
$61,200
$31,800
$29,400 (92%)
$12,643
$13,028 (103%)
Net Operating Income
$21,413
$14,116 (66%)
Cap Rate
4.63%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians