12006 Royal Palm Blvd # 2I Coral Springs, FL 33065

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3 beds · 2 baths · 1,222 sq ft · Lot Size: 1,388 sq ft · Residential Condominium
Est. Property Value: $418,552

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12006 Royal Palm Blvd # 2I is in the 33065 neighborhood of Coral Springs, FL. It is located in Broward County and ZIP code 33065. This Residential Condominium was built in 1987 and is approximately 38 years old. The residential condominium spans 1222 sq ft with 3 bedrooms and 2 bathrooms and sits on a 1388 sq ft lot. According to public records, it was last sold in 2003 for $145,000 and has a tax-assessed value of $274,500, which is $343 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 12006 Royal Palm Blvd # 2I Coral Springs, FL 33065 with Property Intel by Whitepages.

Investment Potential for 12006 Royal Palm Blvd # 2I

The property has a current estimated value of $418,552, which is 14% above the zip median, based on public records. It last sold on November 06, 2003 for $145K. Projected long-term
is $29,400 annually ($2,450 per month) with a 91% 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
91%in 33065 zip code
 
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Owners & Occupancy for 12006 Royal Palm Blvd # 2I

This property is owned by Max H Forestal. Owner contact information includes 5 phone numbers and 2 email addresses.

Property Owners

Cell Phone(954) ***-****View Cell Phone
Residence*****************
Landline(954) 917-5993
Distance from Property**********
Email Address**************@gmail.comView Email

Property Ownership Information

Purchase DateNovember 06, 2003
Property Tax Amount$5,206 in 2023
Purchase Price$145,000

Occupancy

Resident 1************ age 53

Property Details for 12006 Royal Palm Blvd # 2I

Property Details

Property Sq Ft

Living Area

1,222 sq ft

6% below market

Lot Size

1,388 sq ft

97% below market

Price Per Sq Ft

Living Area

$343 / sq ft

23% above market

Lot Size Area

$302 / sq ft

3543% above market

Property condition, age, exterior, etc. for 12006 Roya…
Longitude: -80.286384 Latitude: 26.258726 Parcel Number (APN): 48-41-19-AD-0130…
Mortgage originated on through lender: Bankunited Fsb for$******View Mortgage Details

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Discover more residential condominiums near 12006 Royal Palm Blvd # 2I in Coral Springs, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 12006 Royal Palm Blvd # 2I in Broward County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$418,552
$351,348
$67,205 (19%)
$427,187
$19,735 (5%)
YoY Price Change
1.93%
-354%
Year Built
1987
1997
-10 years
Living Space
1,222 sq ft
1,548 sq ft
-326 (-21%)
$ Per Living Sq Ft
$343
$234
$109 (47%)
Lot Size
1,388 sq ft
7,362 sq ft
-5974 (-81%)
$ Per Lot Sq Ft
$302
$45
$256 (565%)

Net Operating Income
$18,946
-$1,726 (-9%)
Annual Revenue
$29,400
$30,000
-$600 (-2%)
$10,950
$1,230 (11%)
Net Operating Income
$18,946
-$1,726 (-9%)
Cap Rate
5.65%
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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