11303 Lakeview Dr # 8M Coral Springs, FL 33071

3 beds · 2 baths · 2,105 sq ft · Lot Size: 89,827 sq ft · Residential Condominium · Cypress Run
Est. Property Value: $440,307

Valued above Market MedianOwned for Less Than 5 Years

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11303 Lakeview Dr # 8M 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 1990 and is approximately 35 years old. The residential condominium spans 2105 sq ft with 3 bedrooms and 2 bathrooms and sits on a 89827 sq ft lot. According to public records, it was last sold in 2024 for $120,000 and has a tax-assessed value of $333,160, which is $209 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 11303 Lakeview Dr # 8M Coral Springs, FL 33071 with Property Intel by Whitepages.

11303 Lakeview Dr # 8M

Coral Springs, FL 33071

Neighborhood

Owners & Occupancy for 11303 Lakeview Dr # 8M

No contact information is available.

Occupancy

Current Occupancy******View Occupancy

Property Financials for 11303 Lakeview Dr # 8M

11303 Lakeview Dr # 8M, Coral Springs, FL has no known mortgage. The Broward county assessment for 2023 values it at $333,160, with annual taxes of $7,714.

Property Tax

Purchase DateJanuary 24, 2024
Property Tax Amount$7,714 in 2023
Purchase Price$120,000
Assessed Value$333,160 on 2023

Investment Potential for 11303 Lakeview Dr # 8M

The property has a current estimated value of $440,307, which is 30% above the neighborhood median, based on public records. It last sold on January 24, 2024 for $120K. 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
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
95%in 33071 zip code
 
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Property Details for 11303 Lakeview Dr # 8M

Property Details

Property Sq Ft

Living Area

2,105 sq ft

32% above market

Lot Size

89,827 sq ft

27% below market

Price Per Sq Ft

Living Area

$209 / sq ft

5% above market

Lot Size Area

$5 / sq ft

68% above market

Property condition, age, exterior, etc. for 11303 Lake…
Longitude: -80.277741 Latitude: 26.251719 Parcel Number (APN): 48-41-29-AK-0140…

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Market Benchmarks

Compare data for 11303 Lakeview Dr # 8M in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$440,307
$351,348
$88,960 (25%)
$******
$427,187
$255,427 (60%)
YoY Price Change
****%
1.93%
87%
Year Built
1990
1997
-7 years
Living Space
2,105 sq ft
1,548 sq ft
557 (36%)
$ Per Living Sq Ft
$209
$234
-$25 (-11%)
Lot Size
89,827 sq ft
7,362 sq ft
82465 (1120%)
$ Per Lot Sq Ft
$5
$45
-$40 (-89%)

Net Operating Income
$*****
$18,946
-$4,390 (-23%)
Annual Revenue
$29,400
$30,000
-$600 (-2%)
$*****
$10,950
$3,894 (36%)
Net Operating Income
$*****
$18,946
-$4,390 (-23%)
Cap Rate
****%
5.65%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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