19700 Sw 192 St, Unincorporated County

Usage

Single Family

Improved agricultural

Address:

19700 Sw 192 St
Unincorporated County
FL 33187

Property Size:5,111 sq ft
Acreage:2.28
Year Built:1977
Property Class:C2
Latitude:25.586
Longitude:-80.511

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.

Welcome to Visulate

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.

Contact us if you want to buy or sell real estate in Unincorporated County:

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Please quote reference number: 13936538 in your email

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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

Links

  1. 19700 Sw 192 St, Unincorporated County, FL on Google Maps
  2. Unincorporated County, FL Property Values on Trulia
  3. Demographic Data for Zipcode 33187 from City-Data.com
  4. Unincorporated County Demographics from City-Data.com
  5. Phone numbers and opening hours for businesses in the 33187 Zipcode

Owner Details

Companies near this Address

  1. Reyes Del Mamey, Inc. (19700 Sw 192nd St)
  2. Superior Frozen Fruits Distributor, LLC (19700 Sw 192nd St)
  3. Reyes Family Holding, LLC (19700 Sw 192nd St)
  4. 3r'S 1931, LLC (19700 Sw 192nd St)
  5. 3r'S 1950, LLC (19700 Sw 192nd St)
  6. 3r'S 0030, LLC (19700 Sw 192nd St)
  7. 3r'S 2020, LLC (19700 Sw 192nd St)
  8. 3r'S 2040, LLC (19700 Sw 192nd St)
  9. King Palms, Inc. (19700 Sw 192nd St)
  10. Superior Tropical Fruit Company (19700 Sw 192nd St)

Miami-Dade County Real Estate - Homestead

Homestead is in South East Florida. It's population as recorded in the 2010 Census was 60,512.

The median age for residents of Homestead is 29.1. Around 49.8% of Homestead households include school aged children and 15.4% of households include individuals aged 65 years or over. Census records indicate 66.8% of the Homestead population are White, 20.3% are Black or African American, .4% American Indian, 1.1% Asian and 3.7% are Two or more Races. Homestead has a significant Hispanic population. 62.9% (38,078) of Homestead residents are of Hispanic or Latino origin. Of these 24.45% are of Mexican origin, 13.61% Puerto Rican, 25.01% Cuban and 36.91% are of other Hispanic or Latino origin.

There are 23,419 housing units in Homestead. 4,423 (18.8%) of these were reported as vacant in the 2010 Census. There are 13,138 residential rental units in Homestead. 11,202 of them were occupied in 2010 providing a residential rental vacancy rate of 14.4%.

Homestead links:

Local Household Income

The median household income in this part of Florida is $61,705. The bottom 10% of the population earn less than $18,026 per year. The top 10% earn more than $173,933 per year. The top 1% earn more than $526,101 per year. Most renters earn between $28,740 (20th percentile) and $62,736 (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 $1,169. Most renters earn between $2,395 and $5,228 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $772 (20th percentile) to $1,753 (80th percentile) range. The residential vacancy rate is 10%.

Estimated Value: 19700 Sw 192 St

Market Data

In 2013 class A improved agricultural properties in Unincorporated County sold for $175.96 to 863.10 per sq ft with a median price per sq ft of $252.54. Class B properties sold for $61.64 to 175.95 per sq ft with a median of $98.98 and class C properties sold for $29.91 to 61.63 per sq ft with a median of $56.06.

Market Valuation

19700 Sw 192 St appears to be a C Class property. Suggested value: $280,876

HighMedianLow
Value308,784 280,876 149,858

Income Valuation - Triple Net Lease

Visulate estimates the income value of this property is $102,078. 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 19700 Sw 192 St:

  • The Household Income estimate assumes the tenant has a total household income of $64,891 and spends 35% 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 $1,893
Household Income - Renters $1,245
Market Rents $1,205
Price/Ft $852

Expense Estimates:

  • Census data records show 10% 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 19700 Sw 192 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.

Net lease values for maintenance, property tax, utilities and insurance shown below are calculated as a percentage of the full amount based on the vacancy percentage.

Amount
Monthly Rent1,205
Annual Rent per Sq Ft3.00
Gross Annual Rent14,463
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount2,169
Maintenance399
HOA, Utilities and CAM0
Property Taxes687
Insurance1,154
Management Fees868
NOI9,187
Cap Rate9
Estimated Value102,078
Edit Values and Estimate Cashflow Estimate Cashflow
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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.