Neighborhood
1087 NW 87th Ave, Coral Springs, FL 33071
3 beds · 2 baths · 1,386 sq ft · Lot: 6,288 sq ft · Single Family Home · Last Sold: $341K in 2006 · Built: 1978
Est. Value:
$512K
Est. Rent:
$3.3K/month

1087 NW 87th Ave Coral Springs, FL 33071

Get Owner Info
3 beds · 2 baths · 1,386 sq ft · Lot Size: 6,288 sq ft · Single Family Home · Ramblewood South
Est. Property Value: $511,627

Owned for 15 - 25 YearsOwner Age 45 - 55Equity Status

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1087 NW 87th Ave is in the Ramblewood South neighborhood of Coral Springs, FL. It is located in Broward County and ZIP code 33071. This Single Family Home was built in 1978 and is approximately 47 years old. The single family home spans 1386 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6288 sq ft lot. According to public records, it was last sold in 2006 for $341,000. The Ramblewood South area of Coral Springs has 357 residential homes with an average size of 1801 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1087 NW 87th Ave Coral Springs, FL 33071 with Property Intel by Whitepages.

Investment Potential for 1087 NW 87th Ave

The property has a current estimated value of $511,627, which is 10% below the neighborhood median, based on public records. It last sold on September 01, 2006 for $341K. Projected long-term
is $39,600 annually ($3,300 per month) with a 95% occupancy rate.

Discover more Single Family Homes in Ramblewood South.
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Long-Term

Gross Rental
$39,600 per year($3,300 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
95%in 33071 zip code
 
View Rental Potential

Owners & Occupancy for 1087 NW 87th Ave

This property is owned by Luis Enrique Hernandez. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(954) ***-****View Cell Phone
Residence*****************
Landline(954) 659-9317
Distance from Property**********
Email Address*********@aol.comView Email
View All Owner Info

Property Ownership Information

Purchase DateSeptember 01, 2006
Property Tax Amount$7,450 in 2023
Purchase Price$341,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************
Resident 2************** age 53
Resident 3********************** age 54
Resident 4*******************

Property Details for 1087 NW 87th Ave

Property Details

Property Sq Ft

Living Area

1,386 sq ft

23% below market

Lot Size

6,288 sq ft

36% below market

Price Per Sq Ft

Living Area

$369 / sq ft

18% above market

Lot Size Area

$81 / sq ft

36% above market

Property condition, age, exterior, etc. for 1087 NW 87…
Longitude: -80.24108 Latitude: 26.244262 Parcel Number (APN): 48-41-27-03-2261…
Mortgage originated on through lender: Wmc Mtg Corp for$******View Mortgage Details
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Recommended Properties in Ramblewood South

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    3 beds · 2 baths · 1,740 sq ft · Last Sold: $336,100 in 2017 · Built: 1975

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    987 NW 87th Ave, Coral Springs, FL 33071

    3 beds · 2 baths · 1,419 sq ft · Last Sold: $515,000 in 2023 · Built: 1978

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    2000 NW 86th Ter, Coral Springs, FL 33071

    3 beds · 2 baths · 1,762 sq ft · Last Sold: $265,000 in 2012 · Built: 1976

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    1037 NW 83rd Ave, Coral Springs, FL 33071

    3 beds · 2 baths · 2,036 sq ft · Last Sold: $415,000 in 2020 · Built: 1976

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    8546 NW 18th Pl, Coral Springs, FL 33071

    3 beds · 2 baths · 1,482 sq ft · Last Sold: $212,000 in 2002 · Built: 1974

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    881 NW 87th Ave, Coral Springs, FL 33071

    3 beds · 2 baths · 1,670 sq ft · Last Sold: $580,000 in 2024 · Built: 1978

  • $574K - $651K

    Est. Value

    8519 Ramblewood Dr, Coral Springs, FL 33071

    3 beds · 2 baths · 2,218 sq ft · Last Sold: $400,000 in 2020 · Built: 1978

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    8154 NW 14th St, Coral Springs, FL 33071

    3 beds · 2 baths · 1,950 sq ft · Last Sold: $230,000 in 2013 · Built: 1976

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    8776 NW 18th Ct, Coral Springs, FL 33071

    3 beds · 2 baths · 3,244 sq ft · Last Sold: $200,000 in 2011 · Built: 1977

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    Est. Value

    8552 Ramblewood Dr, Coral Springs, FL 33071

    3 beds · 2 baths · 1,928 sq ft · Last Sold: $405,000 in 2020 · Built: 1977

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    Est. Value

    8360 NW 19th Ct, Coral Springs, FL 33071

    3 beds · 2 baths · 1,823 sq ft · Last Sold: $46,900 in 2014 · Built: 1974

Market Benchmarks

Compare data for 1087 NW 87th Ave in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$511,627
$354,591
$157,036 (44%)
$******
$485,305
$230,560 (48%)
YoY Price Change
****%
1.8%
432%
Year Built
1978
1990
-12 years
Living Space
1,386 sq ft
1,628 sq ft
-242 (-15%)
$ Per Living Sq Ft
$369
$218
$151 (69%)
Lot Size
6,288 sq ft
9,610 sq ft
-3322 (-35%)
$ Per Lot Sq Ft
$81
$40
$41 (103%)

Net Operating Income
$*****
$20,263
$2,868 (14%)
Annual Revenue
$39,600
$29,400
$10,200 (35%)
$*****
$9,176
$7,293 (79%)
Net Operating Income
$*****
$20,263
$2,868 (14%)
Cap Rate
****%
5.87%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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