540 SW 49th Ter Margate, FL 33068

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2 beds · 1 bath · 3,880 sq ft · Lot Size: 6,205 sq ft · Single Family Home
Est. Property Value: $455,319

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540 SW 49th Ter is in the 33068 neighborhood of Margate, FL. It is located in Broward County and ZIP code 33068. This Single Family Home was built in 1972 and is approximately 53 years old. The single family home spans 3880 sq ft with 2 bedrooms and 1 bathroom and sits on a 6205 sq ft lot. According to public records, it was last sold in 2002 for $118,100 and has a tax-assessed value of $461,370, which is $117 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 540 SW 49th Ter Margate, FL 33068 with Property Intel by Whitepages.

540 SW 49th Ter

Margate, FL 33068

Neighborhood

Owners & Occupancy for 540 SW 49th Ter

This property is owned by Kam D Indardai. Owner contact information includes 3 phone numbers and 3 email addresses.

Property Owners

Cell Phone(305) ***-****View Cell Phone
Residence***********
Landline(954) 722-6976
Distance from Property**********
Email Address*******@att.netView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 57
Resident 2**************** age 47
Resident 3************** age 76
Resident 4*************** age 47

Property Financials for 540 SW 49th Ter

540 SW 49th Ter, Margate, FL has a mortgage from Gulf Harbour Invs Corp (orig. November 02, 2006). The Broward county assessment for 2023 values it at $461,370, with annual taxes of $2,183.

Mortgage & Equity Information

Loan Amount$*****
LenderGulf Harbour Invs Corp
Origination DateNovember 02, 2006
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateJune 14, 2002
Property Tax Amount$2,183 in 2023
Purchase Price$118,100
Assessed Value$461,370 on 2023

Investment Potential for 540 SW 49th Ter

The property has a current estimated value of $455,319, which is 35% above the zip median, based on public records. It last sold on June 14, 2002 for $118K. Projected long-term
is $28,200 annually ($2,350 per month) with a 90% occupancy rate.

Discover more Single Family Homes in 33068.

Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 33068 zip code
 
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Property Details for 540 SW 49th Ter

Property Details

Property Sq Ft

Living Area

3,880 sq ft

224% above market

Lot Size

6,205 sq ft

59% above market

Price Per Sq Ft

Living Area

$117 / sq ft

59% below market

Lot Size Area

$73 / sq ft

15% below market

Property condition, age, exterior, etc. for 540 SW 49t…
Longitude: -80.192505 Latitude: 26.224459 Parcel Number (APN): 49-42-06-04-0060…

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Market Benchmarks

Compare data for 540 SW 49th Ter in Broward County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$455,319
$263,469
$191,850 (73%)
$364,322
$236,216 (65%)
YoY Price Change
Year Built
1972
1979
-7 years
Living Space
3,880 sq ft
1,178 sq ft
2702 (229%)
$ Per Living Sq Ft
$117
$214
-$97 (-45%)
Lot Size
6,205 sq ft
7,318 sq ft
-1113 (-15%)
$ Per Lot Sq Ft
$73
$38
$36 (94%)

Net Operating Income
$19,472
-$531 (-3%)
Annual Revenue
$28,200
$28,200
$0 (0%)
$7,847
$1,412 (18%)
Net Operating Income
$19,472
-$531 (-3%)
Cap Rate
7.19%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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