Neighborhood
1526 SW 98th Ln, Davie, FL 33324
4 beds · 2 baths · 2,325 sq ft · Lot: 8,827 sq ft · Single Family Home · Last Sold: $419K in 2016 · Built: 1994
Est. Value:
$777K
Est. Rent:
$2.5K/month

1526 SW 98th Ln Davie, FL 33324

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4 beds · 2 baths · 2,325 sq ft · Lot Size: 8,827 sq ft · Single Family Home · Pine Island Ridge
Est. Property Value: $777,240

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1526 SW 98th Ln is in the Pine Island Ridge neighborhood of Davie, FL. It is located in Broward County and ZIP code 33324. This Single Family Home was built in 1994 and is approximately 31 years old. The single family home spans 2325 sq ft with 4 bedrooms and 2 bathrooms and sits on a 8827 sq ft lot. According to public records, it was last sold in 2016 for $419,000 and has a tax-assessed value of $587,440, which is $334 per sq ft. The Pine Island Ridge area of Davie has 97 residential homes with an average size of 2251 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1526 SW 98th Ln Davie, FL 33324 with Property Intel by Whitepages.

Investment Potential for 1526 SW 98th Ln

The property has a current estimated value of $777,240, which is 9% below the neighborhood median, based on public records. It last sold on April 11, 2016 for $419K. Projected long-term
is $30,600 annually ($2,550 per month) with a 87% occupancy rate.

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Long-Term

Gross Rental
$30,600 per year($2,550 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 33324 zip code
 
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Owners & Occupancy for 1526 SW 98th Ln

This property is owned by Scott T Kaplan. Owner contact information includes 6 phone numbers and 4 email addresses.

Property Owners

OccupationRealtor, Remax Select Group
Cell Phone(305) ***-****View Cell Phone
Residence*********
Landline(954) 530-5918
Distance from Property**********
Email Address******@aol.comView Email

Property Ownership Information

Purchase DateApril 11, 2016
Property Tax Amount$8,143 in 2023
Purchase Price$419,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 50

Property Details for 1526 SW 98th Ln

Property Details

Property Sq Ft

Living Area

2,325 sq ft

3% above market

Lot Size

8,827 sq ft

11% below market

Price Per Sq Ft

Living Area

$334 / sq ft

11% below market

Lot Size Area

$88 / sq ft

8% above market

Property condition, age, exterior, etc. for 1526 SW 98…
Longitude: -80.28005 Latitude: 26.100707 Parcel Number (APN): 50-41-17-21-0190…
Mortgage originated on through lender: Us Mtg/fl for$******View Mortgage Details
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Market Benchmarks

Compare data for 1526 SW 98th Ln in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$777,240
$494,098
$283,142 (57%)
$664,260
$617,950 (93%)
YoY Price Change
1.63%
-217%
Year Built
1994
2002
-8 years
Living Space
2,325 sq ft
2,420 sq ft
-95 (-4%)
$ Per Living Sq Ft
$334
$214
$120 (56%)
Lot Size
8,827 sq ft
10,153 sq ft
-1326 (-13%)
$ Per Lot Sq Ft
$88
$55
$33 (61%)

Net Operating Income
$20,680
-$7,935 (-38%)
Annual Revenue
$30,600
$32,400
-$1,800 (-6%)
$12,882
$4,973 (39%)
Net Operating Income
$20,680
-$7,935 (-38%)
Cap Rate
4.38%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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