11291 Lakeview Dr # 38J Coral Springs, FL 33071

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3 beds · 2 baths · 1,873 sq ft · Lot Size: 271,746 sq ft · Residential Condominium · Cypress Run
Est. Property Value: $421,776

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11291 Lakeview Dr # 38J is in the Cypress Run neighborhood of Coral Springs, FL. It is located in Broward County and ZIP code 33071. This Residential Condominium was built in 1993 and is approximately 32 years old. The residential condominium spans 1873 sq ft with 3 bedrooms and 2 bathrooms and sits on a 271746 sq ft lot. According to public records, it was last sold in 2004 for $234,000 and has a tax-assessed value of $352,670, which is $225 per sq ft. The Cypress Run area of Coral Springs has 387 residential homes with an average size of 1600 sq ft. Analyze and compare real estate investment strategies for properties like this home at 11291 Lakeview Dr # 38J Coral Springs, FL 33071 with Property Intel by Whitepages.

Owners & Occupancy for 11291 Lakeview Dr # 38J

This property is owned by Laila Roxanne Bedessee. Owner contact information includes 8 phone numbers and 6 email addresses.

Property Owners

OccupationHigher Education Professional, Purdue University Global
Cell Phone(954) ***-****View Cell Phone
Residence*****************
Landline(561) 784-3847
Distance from Property**********
Email Address*********@yahoo.comView Email

Occupancy

Current Occupancy******View Occupancy

Property Financials for 11291 Lakeview Dr # 38J

11291 Lakeview Dr # 38J, Coral Springs, FL has no known mortgage. The Broward county assessment for 2023 values it at $352,670, with annual taxes of $2,811.

Property Tax

Purchase DateJuly 26, 2004
Property Tax Amount$2,811 in 2023
Purchase Price$234,000
Assessed Value$352,670 on 2023

Investment Potential for 11291 Lakeview Dr # 38J

The property has a current estimated value of $421,776, which is 24% above the neighborhood median, based on public records. It last sold on July 26, 2004 for $234K. Projected long-term
is $29,400 annually ($2,450 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$29,400 per year($2,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 33071 zip code
 
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Property Details for 11291 Lakeview Dr # 38J

Property Details

Property Sq Ft

Living Area

1,873 sq ft

17% above market

Lot Size

271,746 sq ft

122% above market

Price Per Sq Ft

Living Area

$225 / sq ft

13% above market

Lot Size Area

$2 / sq ft

47% below market

Property condition, age, exterior, etc. for 11291 Lake…
Longitude: -80.276697 Latitude: 26.253253 Parcel Number (APN): 48-41-29-BD-0530…

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Market Benchmarks

Compare data for 11291 Lakeview Dr # 38J in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$421,776
$351,348
$70,428 (20%)
$427,187
$226,698 (53%)
YoY Price Change
1.93%
-447%
Year Built
1993
1997
-4 years
Living Space
1,873 sq ft
1,548 sq ft
325 (21%)
$ Per Living Sq Ft
$225
$234
-$9 (-4%)
Lot Size
271,746 sq ft
7,362 sq ft
264384 (3591%)
$ Per Lot Sq Ft
$2
$45
-$44 (-97%)

Net Operating Income
$18,946
$646 (3%)
Annual Revenue
$29,400
$30,000
-$600 (-2%)
$10,950
-$1,142 (-10%)
Net Operating Income
$18,946
$646 (3%)
Cap Rate
5.65%
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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