960 W 80 Pl, Hialeah

Usage

Condominium

Address:

960 W 80 Pl
Hialeah
FL 33014

Property Size:1,280 sq ft
Acreage:0.04
Year Built:1971
Property Class:B3
Latitude:25.896
Longitude:-80.303

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Estimated Value: 960 W 80 Pl

Market Data

In 2013 class A condominium properties in Hialeah sold for $101.38 to 606.24 per sq ft with a median price per sq ft of $116.54. Class B properties sold for $64.71 to 101.37 per sq ft with a median of $80.56 and class C properties sold for $10.19 to 64.70 per sq ft with a median of $58.33.

Market Valuation

960 W 80 Pl appears to be a B Class property. Suggested value: $123,171

HighMedianLow
Value154,988 123,171 98,937

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $96,100. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 960 W 80 Pl:

  • The Household Income estimate assumes the tenant has a total household income of $47,426 and spends 34% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $1,344
Household Income - Renters $1,165
Market Rents $1,112
Price/Ft $1,200

Expense Estimates:

  • Census data records show 7% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 960 W 80 Pl. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent1,112
Annual Rent per Sq Ft10.00
Gross Annual Rent13,346
Vacancies and Bad Debt12%
Vacancies and Bad Debt Amount1,602
Maintenance666
HOA, Utilities and CAM0
Property Taxes1,404
Insurance1,612
Management Fees1,335
NOI6,727
Cap Rate7
Estimated Value96,100
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Miami Dade County, Florida
[Property Appraiser]
Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $60,661. The bottom 10% of the population earn less than $19,742 per year. The top 10% earn more than $137,867 per year. The top 1% earn more than $428,711 per year. Most renters earn between $35,436 (20th percentile) and $56,604 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,221. Most renters earn between $2,953 and $4,717 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $967 (20th percentile) to $1,565 (80th percentile) range. The residential vacancy rate is 7%.

Links

  1. 960 W 80 Pl, Hialeah, FL on Zillow
  2. Recent Sales near 960 W 80 Pl, Hialeah, FL on Realtor.com
  3. 960 W 80 Pl, Hialeah, FL on Google Maps
  4. Hialeah, FL Property Values on Trulia
  5. Demographic Data for Zipcode 33014 from City-Data.com
  6. Hialeah Demographics from City-Data.com
  7. Phone numbers and opening hours for businesses in the 33014 Zipcode

Owner Details

Companies near this Address

  1. Oc Therapy Services, Inc (8115 West 9th Ct)
  2. Govalcom LLC (999 West 80 Pl)
  3. Everything For Floors, Inc (998 W 80 Pl)
  4. Myl Remodeling, Corp. (995 W 80th Pl)
  5. Albertin G. Corp. (997 W 79 Pl)
  6. Pereira Corp. (7895 W 10th Ave)
  7. Leonel Milan Co. (984 W 79th Pl)
  8. Professional Hands Therapy Corp. (965 S 79 Pl)
  9. Lago Transfer Corp (957 W 80th Pl)
  10. Crating And Packing Inc. (957 W 79th Pl)
  11. Amsco Marketing, LLC (10305 102nd Ter)
  12. Pathfinder Business Strategies, LLC (10305 102nd Ter)
  13. More Golden Years, LLC (10305 102nd Ter)
  14. Una Casa En La Roca, Inc. (937 W 79th St)

Sales History

DateSold BySold ToDeed TypePrice
01/01/2013 Not Recorded Buyer: 8188253 Unknown 0.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.