2552 NW 89th Dr # 2552 Coral Springs, FL 33065

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2 beds · 2 baths · 850 sq ft · Lot Size: 120,551 sq ft · Residential Condominium · Forest Hills
Est. Property Value: $326,820

Owned for 25 - 50 YearsOwner Age 65 - 75

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2552 NW 89th Dr # 2552 is in the Forest Hills neighborhood of Coral Springs, FL. It is located in Broward County and ZIP code 33065. This Residential Condominium was built in 1985 and is approximately 40 years old. The residential condominium spans 850 sq ft with 2 bedrooms and 2 bathrooms and sits on a 120551 sq ft lot. According to public records, it was last sold in 1998 and has a tax-assessed value of $198,000, which is $384 per sq ft. The Forest Hills area of Coral Springs has 970 residential homes with an average size of 1068 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2552 NW 89th Dr # 2552 Coral Springs, FL 33065 with Property Intel by Whitepages.

Owners & Occupancy for 2552 NW 89th Dr # 2552

This property is owned by Sonia R Schultze. Owner contact information includes 5 phone numbers and 3 email addresses.

Property Owners

OccupationCustomer Service Representative, Not Currently Working
Cell Phone(914) ***-****View Cell Phone
Residence*****************
Landline(954) 571-2738
Distance from Property**********
Email Address***********@aol.comView Email
View All Owner Info

Occupancy

Current Occupancy******View Occupancy

Property Financials for 2552 NW 89th Dr # 2552

2552 NW 89th Dr # 2552, Coral Springs, FL has a mortgage (orig. December 10, 2021). The Broward county assessment for 2023 values it at $198,000, with annual taxes of $933.

Mortgage & Equity Information

Loan Amount$*****
Origination DateDecember 10, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateJanuary 22, 1998
Property Tax Amount$933 in 2023
Assessed Value$198,000 on 2023

Investment Potential for 2552 NW 89th Dr # 2552

The property has a current estimated value of $326,820, which is 13% above the neighborhood median, based on public records. It last sold on January 22, 1998. Projected long-term
is $28,200 annually ($2,350 per month) with a 91% occupancy rate.

Discover more Residential Condominiums in Forest Hills.
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Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
91%in 33065 zip code
 
View Rental Potential

Property Details for 2552 NW 89th Dr # 2552

Property Details

Property Sq Ft

Living Area

850 sq ft

20% below market

Lot Size

120,551 sq ft

22% above market

Price Per Sq Ft

Living Area

$384 / sq ft

33% above market

Lot Size Area

$3 / sq ft

10% below market

Property condition, age, exterior, etc. for 2552 NW 89…
Longitude: -80.245005 Latitude: 26.261278 Parcel Number (APN): 48-41-22-DM-0140…

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    Est. Value

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Market Benchmarks

Compare data for 2552 NW 89th Dr # 2552 in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$326,820
$243,826
$82,995 (34%)
$******
$318,130
$30,843 (10%)
YoY Price Change
****%
3.41%
-176%
Year Built
1985
1983
2 years
Living Space
850 sq ft
1,120 sq ft
-270 (-24%)
$ Per Living Sq Ft
$384
$222
$163 (73%)
Lot Size
120,551 sq ft
36,744 sq ft
83807 (228%)
$ Per Lot Sq Ft
$3
$9
-$6 (-70%)

Net Operating Income
$*****
$19,671
$1,442 (7%)
Annual Revenue
$28,200
$28,200
$0 (0%)
$****
$8,584
-$1,497 (-17%)
Net Operating Income
$*****
$19,671
$1,442 (7%)
Cap Rate
****%
8.29%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians

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