Neighborhood
3075 Lillian Ln, Margate, FL 33063
3 beds · 2 baths · 1,806 sq ft · Lot: 7,876 sq ft · Single Family Home · Last Sold: $260K in 2014 · Built: 1990
Est. Value:
$562K
Est. Rent:
$2.5K/month

3075 Lillian Ln Margate, FL 33063

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3 beds · 2 baths · 1,806 sq ft · Lot Size: 7,876 sq ft · Single Family Home · Coral Bay
Est. Property Value: $562,246

Valued above Market MedianLarge Lot AdvantageOwned for 10 - 15 YearsOwner Age 45 - 55

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3075 Lillian Ln is in the Coral Bay neighborhood of Margate, FL. It is located in Broward County and ZIP code 33063. This Single Family Home was built in 1990 and is approximately 35 years old. The single family home spans 1806 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7876 sq ft lot. According to public records, it was last sold in 2014 for $260,000 and has a tax-assessed value of $447,780, which is $311 per sq ft. The Coral Bay area of Margate has 614 residential homes with an average size of 1500 sq ft. Analyze and compare real estate investment strategies for properties like this home at 3075 Lillian Ln Margate, FL 33063 with Property Intel by Whitepages.

Investment Potential for 3075 Lillian Ln

The property has a current estimated value of $562,246, which is 17% above the neighborhood median, based on public records. It last sold on January 31, 2014 for $260K. Projected long-term
is $29,400 annually ($2,450 per month) with a 85% occupancy rate.

Discover more Single Family Homes in Coral Bay.
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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
85%in 33063 zip code
 
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Owners & Occupancy for 3075 Lillian Ln

This property is owned by Brandon J Bernal. Owner contact information includes 11 phone numbers and 6 email addresses.

Property Owners

OccupationSenior Software Engineer, Telit Cinterion
Cell Phone(954) ***-****View Cell Phone
Residence***********
Landline(954) 978-9217
Distance from Property**********
Email Address*********@yahoo.comView Email

Cell Phone(305) ***-****View Cell Phone
Residence***********
Landline(786) 718-1888
Distance from Property**********
Email Address*********@gmail.comView Email
View All Owner Info

Property Ownership Information

Purchase DateJanuary 31, 2014
Property Tax Amount$6,770 in 2023
Purchase Price$260,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 46
Resident 2******************
Resident 3********************* age 48
Resident 4************** age 72
Resident 5************** age 44
Resident 6****************** age 63

Property Details for 3075 Lillian Ln

Property Details

Property Sq Ft

Living Area

1,806 sq ft

20% above market

Lot Size

7,876 sq ft

98% above market

Price Per Sq Ft

Living Area

$311 / sq ft

5% below market

Lot Size Area

$71 / sq ft

38% below market

Property condition, age, exterior, etc. for 3075 Lilli…
Longitude: -80.21122 Latitude: 26.266206 Parcel Number (APN): 48-41-24-21-0430…
Mortgage originated on through lender: Hamilton Grp Fndg Inc for$******View Mortgage Details
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Discover more single family homes near 3075 Lillian Ln in Margate, 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 3075 Lillian Ln in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$562,246
$352,849
$209,396 (59%)
$******
$469,783
$374,842 (80%)
YoY Price Change
****%
1.8%
411%
Year Built
1990
1990
0 years
Living Space
1,806 sq ft
1,630 sq ft
176 (11%)
$ Per Living Sq Ft
$311
$217
$95 (44%)
Lot Size
7,876 sq ft
9,599 sq ft
-1723 (-18%)
$ Per Lot Sq Ft
$71
$40
$31 (77%)

Net Operating Income
$*****
$19,987
-$5,363 (-27%)
Annual Revenue
$29,400
$29,400
$0 (0%)
$*****
$9,588
$5,188 (54%)
Net Operating Income
$*****
$19,987
-$5,363 (-27%)
Cap Rate
****%
5.67%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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