Investment Potential for 881 NW 87th Ave

The property has a current estimated value of $544,702, which is 0% below the neighborhood median, based on public records. It last sold on August 30, 2024 for $580K. Projected long-term

is $28,800 annually ($2,400 per month) with a 95% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$580,000

Sold August 30, 2024

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$545K

($499K - $579K)

0% below neighborhood median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in Ramblewood South.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$28,800 per year($2,400 per month)

$*****View Operating Expenses

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 881 NW 87th Ave

This property is owned by Scott James Gibson. Owner contact information includes 10 phone numbers and 6 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

-$35,298

Purchased August 30, 2024

Number of Owners

1

Property Owners

Property Ownership Information

Purchase Date	August 30, 2024
Property Tax Amount	$9,768 in 2023
Purchase Price	$580,000

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	****************** age 53

Property Details for 881 NW 87th Ave

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

47 years

(Remodeled 1979)

2 years newer than neighborhood median

Property Details

Property Sq Ft

Living Area

1,670 sq ft

7% below market

Lot Size

10,463 sq ft

6% above market

Price Per Sq Ft

Living Area

$326 / sq ft

8% above market

Lot Size Area

$52 / sq ft

10% below market

Property Information

Property condition, age, exterior, etc. for 881 NW 87t…

Land & Location Information

Longitude: -80.241165 Latitude: 26.241326 Parcel Number (APN): 48-41-27-03-3110…

Mortgage & Equity Information

Mortgage originated on through lender: Rocket Mtg Llc for$******View Mortgage Details

Recommended Properties in Ramblewood South

Discover more single family homes near 881 NW 87th Ave 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.

Owned for 5 - 10 Years
$483K - $588K
Est. Value
1285 Spring Circle Dr, Coral Springs, FL 33071
4 beds · 2 baths · 1,645 sq ft · Last Sold: $315,000 in 2019 · Built: 1982
Owned for Less Than 5 Years
$172K - $184K
Est. Value
949 Riverside Dr Apt 427, Coral Springs, FL 33071
1 beds · 1 baths · 780 sq ft · Last Sold: $120,000 in 2020 · Built: 1987
Owned for Less Than 5 Years
$482K - $526K
Est. Value
8645 Ramblewood Dr, Coral Springs, FL 33071
2,264 sq ft · Last Sold: $370,000 in 2020 · Built: 1979
Valued above Market Median
$611K - $656K
Est. Value
769 NW 82nd Ave, Coral Springs, FL 33071
2,722 sq ft · Built: 1981
Owned for 15 - 25 Years
$520K - $573K
Est. Value
1280 NW 91st Ave, Coral Springs, FL 33071
4 beds · 2 baths · 1,925 sq ft · Last Sold: $326,500 in 2005 · Built: 1977
Owned for 5 - 10 Years
$625K - $679K
Est. Value
1803 NW 85th Dr, Coral Springs, FL 33071
4 beds · 2 baths · 2,092 sq ft · Last Sold: $415,000 in 2019 · Built: 1975
High Demand Long-Term Rental
$157K - $169K
Est. Value
1100 NW 87th Ave Apt 205, Coral Springs, FL 33071
1 beds · 1 baths · 1,000 sq ft · Last Sold: $69,000 in 2015 · Built: 1980
Valued above Market Median
$234K - $263K
Est. Value
915 Riverside Dr Apt 513, Coral Springs, FL 33071
2 beds · 2 baths · 1,060 sq ft · Last Sold: $81,000 in 2012 · Built: 1987
Owner Age Above 75
$499K - $541K
Est. Value
1472 NW 81st Ave, Coral Springs, FL 33071
1 baths · 2,255 sq ft · Last Sold: $275,000 in 2013 · Built: 1977
Owned for 5 - 10 Years
$181K - $205K
Est. Value
1075 Riverside Dr Apt 202, Coral Springs, FL 33071
2 beds · 2 baths · 1,100 sq ft · Last Sold: $117,000 in 2017 · Built: 1980
Owner Age 65 - 75
$229K - $260K
Est. Value
875 Riverside Dr Apt 716, Coral Springs, FL 33071
2 beds · 2 baths · 1,000 sq ft · Last Sold: $161,900 in 2005 · Built: 1987
Owner Age 35 - 45
$671K - $733K
Est. Value
8492 NW 15th Ct, Coral Springs, FL 33071
4 beds · 3 baths · 2,240 sq ft · Last Sold: $345,000 in 2014 · Built: 1974
Owned for 15 - 25 Years
$187K - $203K
Est. Value
977 Riverside Dr Apt 227, Coral Springs, FL 33071
1 beds · 1 baths · 950 sq ft · Last Sold: $150,900 in 2005 · Built: 1987
Owned for Less Than 5 Years
$614K - $706K
Est. Value
2109 NW 87th Ter, Coral Springs, FL 33071
4 beds · 2 baths · 2,145 sq ft · Last Sold: $500,000 in 2021 · Built: 1978
Owner Age 65 - 75
$522K - $593K
Est. Value
1778 NW 84th Dr, Coral Springs, FL 33071
3 beds · 2 baths · 1,530 sq ft · Last Sold: $240,000 in 2012 · Built: 1974
High Demand Long-Term Rental
$347K - $394K
Est. Value
1306 NW 91st Ave, Coral Springs, FL 33071
3 beds · 2 baths · 1,209 sq ft · Last Sold: $325,000 in 2020 · Built: 1978
Owner Age 55 - 65
$316K - $341K
Est. Value
1957 Coquina Way, Pompano Beach, FL 33071
1,278 sq ft · Last Sold: $165,000 in 2016 · Built: 1975
Owned for 25 - 50 Years
$516K - $577K
Est. Value
8251 NW 14th Ct, Coral Springs, FL 33071
4 beds · 2 baths · 1,986 sq ft · Last Sold: $159,000 in 1987 · Built: 1978
Owned for Less Than 5 Years
$526K - $600K
Est. Value
8580 NW 19th Dr, Coral Springs, FL 33071
3 beds · 2 baths · 1,946 sq ft · Last Sold: $450,000 in 2020 · Built: 1974
Owned for Less Than 5 Years
$579K - $645K
Est. Value
8651 NW 7th Ln, Coral Springs, FL 33071
3 beds · 2 baths · 1,992 sq ft · Last Sold: $407,000 in 2020 · Built: 1977

Market Benchmarks

Compare data for 881 NW 87th Ave in Broward County to the median in the neighborhood area and surrounding markets, where available.

View neighborhood benchmarks

Property

Neighborhood

Difference

State

Difference

$544,702

$542,941

$1,761 (0%)

$352,849

$191,852 (54%)

$******

$********

$**** (****%)

$469,783

$229,908 (49%)

YoY Price Change

****%

1.8%

-317%

Year Built

1978

1976

2 years

1990

-12 years

Living Space

1,670 sq ft

1,798 sq ft

-128 (-7%)

1,630 sq ft

40 (2%)

$ Per Living Sq Ft

$326

$301

$25 (8%)

$217

$109 (51%)

Lot Size

10,463 sq ft

9,880 sq ft

583 (6%)

9,599 sq ft

864 (9%)

$ Per Lot Sq Ft

$52

$58

-$6 (-10%)

$40

$12 (29%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$****** (****%)

$19,987

-$8,754 (-44%)

Annual Revenue

$28,800

$40,800

-$12,000 (-29%)

$29,400

-$600 (-2%)

$*****

$**** (****%)

$9,588

$7,979 (83%)

Net Operating Income

$*****

$****** (****%)

$19,987

-$8,754 (-44%)

Cap Rate

****%

—

5.67%

—

View Neighborhood Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Occupation	Project Manager, Caesars Entertainment
Cell Phone	(520) *-**View Cell Phone
Residence	*****************
Landline	(520) 294-4757
Distance from Property	**********
Email Address	*******@aol.comView Email

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	2
Year Built	1978
Building Sq Ft	1,670 sq ft
Lot Size	0 Acres
Living Space	1,670 sq ft
Roof Covering	Clay/Concrete Tile

APN	48-41-27-03-3110
Census Tract	0203162003
Municipality	Coral Spgs
County	Broward
Subdivision	Ramblewood South 78-19 B
Zoning	RD8
Neighborhood	Ramblewood South
Longitude / Latitude	-80.241165 / 26.241326
Lot Size	10,463 sq ft

Loan Amount	$******
Lender	Rocket Mtg Llc
Origination Date	August 30, 2024
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	******************
Equity	View Equity

881 NW 87th Ave Coral Springs, FL 33071

property value

$544,702

neighborhood valuation

$542,941

market valuation

$561,665

investment intelligence

Investment Potential for 881 NW 87th Ave

rental income

property appreciation

Last Sale Amount

$580,000

property value

$545K

($499K - $579K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 881 NW 87th Ave

Occupancy

Appreciation Since Purchased

-$35,298

Number of Owners

1

Property Owners

Scott James Gibson, age **

Property Ownership Information

Occupancy

Property Details for 881 NW 87th Ave

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

47 years

(Remodeled 1979)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in Ramblewood South

$483K - $588K

Est. Value

1285 Spring Circle Dr, Coral Springs, FL 33071

4 beds · 2 baths · 1,645 sq ft · Last Sold: $315,000 in 2019 · Built: 1982

$172K - $184K

Est. Value

949 Riverside Dr Apt 427, Coral Springs, FL 33071

1 beds · 1 baths · 780 sq ft · Last Sold: $120,000 in 2020 · Built: 1987

$482K - $526K

Est. Value

8645 Ramblewood Dr, Coral Springs, FL 33071

2,264 sq ft · Last Sold: $370,000 in 2020 · Built: 1979

$611K - $656K

Est. Value

769 NW 82nd Ave, Coral Springs, FL 33071

2,722 sq ft · Built: 1981

$520K - $573K

Est. Value

1280 NW 91st Ave, Coral Springs, FL 33071

4 beds · 2 baths · 1,925 sq ft · Last Sold: $326,500 in 2005 · Built: 1977

$625K - $679K

Est. Value

1803 NW 85th Dr, Coral Springs, FL 33071

4 beds · 2 baths · 2,092 sq ft · Last Sold: $415,000 in 2019 · Built: 1975

$157K - $169K

Est. Value

1100 NW 87th Ave Apt 205, Coral Springs, FL 33071

1 beds · 1 baths · 1,000 sq ft · Last Sold: $69,000 in 2015 · Built: 1980

$234K - $263K

Est. Value

915 Riverside Dr Apt 513, Coral Springs, FL 33071

2 beds · 2 baths · 1,060 sq ft · Last Sold: $81,000 in 2012 · Built: 1987

$499K - $541K