8822 Nw 150 St, Miami Lakes


Single Family


8822 Nw 150 St
Miami Lakes
FL 33018

Property Size:1,975 sq ft
Year Built:1989
Property Class:C2

Not Offered for Sale

Our records indicate this property is not currently for sale 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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  1. 8822 Nw 150 St, Miami Lakes, FL on Zillow
  2. Recent Sales near 8822 Nw 150 St, Miami Lakes, FL on Realtor.com
  3. 8822 Nw 150 St, Miami Lakes, FL on Google Maps
  4. Miami Lakes, FL Property Values on Trulia
  5. Demographic Data for Zipcode 33018 from City-Data.com
  6. Miami Lakes Demographics from City-Data.com
  7. Phone numbers and opening hours for businesses in the 33018 Zipcode

Owner Details

Companies near this Address

  1. V&V Consulting Group LLC (8831 Nw 151st St)
  2. Sorrento Retirement Fund LLC (8831 Nw 151st St)
  3. New Wave Service And Maintenance, Inc (15108 Nw 89 Avenue)
  4. New Wave Painting And Water Proofing, Inc. (15108 Nw 89 Avenue)
  5. Ramos Architects And Associates, LLC (8837 Nw 149 Terr)
  6. D.N. Construction Group, LLC (8810 Nw 150 Street)
  7. South Florida Real Estate Referrals, LLC (8810 Nw 150 Street)
  8. Navarro Realty, Ltd. (8810 Nw 150 St)
  9. D & D Navarro, Inc. (8810 Nw 150 St)
  10. In His Presence Ministries Inc. (8798 Nw 150th St)
  11. Marsolucy LLC (8932 Nw 149th Ter)
  12. Mestre Management & Investment Corporation (8845 Nw 149 Terrace)
  13. Ocean Breeze Appraisals, LLC (8941 Nw 150th Ter)
  14. A New View Window Cleaning LLC (8931 Nw 150 Terrace)
  15. A New View Janitorial Corp (8931 Nw 150 Terrace)

Miami-Dade County Real Estate - Hialeah


Hialeah is the sixth largest city in Florida in terms of population and is located in Miami Dade County. In terms of population, Hialeah is the densest American city not to feature a skyscraper. 95% of Hialeah's population is Hispanic. The second largest Spanish television network, Telemundo, is headquartered in Hialeah. Top employers for Hialeah County are Hialeah Hospital, Palmetto General Hospital, Best Buy, Starbucks, and CVS Pharmacy.

Hialeah is in South East Florida. It's population as recorded in the 2010 Census was 224,669.

The median age for residents of Hialeah is 42.2. Around 38.3% of Hialeah households include school aged children and 41.6% of households include individuals aged 65 years or over. Census records indicate 92.6% of the Hialeah population are White, 2.6% are Black or African American, .1% American Indian, .3% Asian and 1.5% are Two or more Races. Hialeah has a significant Hispanic population. 94.7% (212,805) of Hialeah residents are of Hispanic or Latino origin. Of these .85% are of Mexican origin, 2.36% Puerto Rican, 77.4% Cuban and 19.37% are of other Hispanic or Latino origin.

There are 74,067 housing units in Hialeah. 2,862 (3.8%) of these were reported as vacant in the 2010 Census. There are 36,569 residential rental units in Hialeah. 35,190 of them were occupied in 2010 providing a residential rental vacancy rate of 3.6%.

Hialeah links:

Nearby Cities

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%.

Estimated Value: 8822 Nw 150 St

Market Data

In 2013 class A single family properties in Miami Lakes sold for $131.97 to 600.86 per sq ft with a median price per sq ft of $147.33. Class B properties sold for $84.76 to 131.96 per sq ft with a median of $108.59 and class C properties sold for $10.54 to 84.75 per sq ft with a median of $74.12.

Market Valuation

8822 Nw 150 St appears to be a C Class property. Suggested value: $155,996

Value178,369 155,996 22,183

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $83,300. 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 8822 Nw 150 St:

  • The Household Income estimate assumes the tenant has a total household income of $101,972 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 $2,889
Household Income - Renters $1,598
Market Rents $1,543
Price/Ft $849

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 8822 Nw 150 St. 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.

Monthly Rent1,543
Annual Rent per Sq Ft9.00
Gross Annual Rent18,510
Vacancies and Bad Debt12%
Vacancies and Bad Debt Amount2,221
HOA, Utilities and CAM0
Property Taxes3,426
Management Fees1,851
Cap Rate9
Estimated Value83,300
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.

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.