10550 La Placida Dr, Coral Springs

10550 La Placida Dr is a 1,558 sq ft Single Family in Coral Springs. It was built in 1979. 10550 La Placida Dr sits on 0.16 acres of land. In 2014 similar properties sold for between $144,011 and $238,216. We estimate the income value of 10550 La Placida Dr at $68,157. The assumptions we used to calculate this value are include in the spreadsheet linked below. Coral Springs is in Broward County, Florida.

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10550 La Placida Dr Property Summary

10550 La Placida Dr
Coral Springs
FL 33065

Property Size:1,558 sq ft
Year Built:1979
Property Class:B3
Lat, Long: 26.275, -80.267

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.

Google Street View  of 10550 La Placida Dr, Coral Springs, FL 33065
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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: 10550 La Placida Dr

Market Data

In 2014 class A single family properties in Coral Springs sold for $142.30 to 854.60 per sq ft with a median price per sq ft of $163.04. Class B properties sold for $86.02 to 142.29 per sq ft with a median of $115.59 and class C properties sold for $10.71 to 86.01 per sq ft with a median of $75.50.

Market Valuation

10550 La Placida Dr appears to be a B Class property. Suggested value: $193,516

Value238,216 193,516 144,011

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $68,157. 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 10550 La Placida Dr:

  • The Household Income estimate assumes the tenant has a total household income of $40,656 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 $1,186
Household Income - Renters $1,071
Market Rents $1,050
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 10550 La Placida Dr. 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 Rent1,050
Annual Rent per Sq Ft8.00
Gross Annual Rent12,599
Vacancies and Bad Debt12%
Vacancies and Bad Debt Amount1,512
HOA, Utilities and CAM0
Property Taxes2,734
Management Fees1,260
Cap Rate7
Estimated Value68,157
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.

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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 $85,950. The bottom 10% of the population earn less than $26,195 per year. The top 10% earn more than $210,774 per year. The top 1% earn more than $545,184 per year. Most renters earn between $36,720 (20th percentile) and $68,076 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $171,900 and $214,875.

The tax assessed value of this property places it in percentile 20 of all properties in this area. This suggests it would appeal to someone earning around $40,656 per year who should qualify for a mortgage between $81,312 and $101,640.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,401. Most renters earn between $3,060 and $5,673 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $1,050 (20th percentile) to $1,901 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 20 of all properties in this area. This corresponds to a rent of $1,050 per month and a monthly household income of $3,060 ($36,720 per year)


  1. 10550 La Placida Dr, Coral Springs, FL on Zillow
  2. Recent Sales near 10550 La Placida Dr, Coral Springs, FL on Realtor.com
  3. 10550 La Placida Dr, Coral Springs, FL on Google Maps
  4. 10550 La Placida Dr Walkscore
  5. Coral Springs, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. All In One Team LLC (10680 Nw 37th St)
  2. Nakson Inc (10680 Nw 37th St)
  3. Cry Of The Water, Inc. (10772 La Placida Drive # 103)
  4. Properties Investment And Repairs Of Florida, LLC (3658 Coral Springs Dr)
  5. A&L Education, Inc. (3686 Coral Springs Dr)
  6. Faith Fulfilling Ministries Inc. (3682 Coral Springs Dr)
  7. Elegant Entryways, Inc (3712 Coral Springs Dr)
  8. Genesis 1 A 1 Services Inc (10560 Nw 37 St)
  9. Emerald Springs Homes Condominium Association,Inc. (3603 Coral Springs Dr)
  10. Under Pressure Cleaning Services Inc (3607 Coral Springs Dr)
  11. Stefano'S Glass, Inc (3588 Coral Springs Dr)
  12. Premier Digital Events LLC (3592 Coral Springs Dr)
  13. Premier Xtras, Inc. (3592 Coral Springs Dr)
  14. Premier Entertainment Of South Florida, Inc. (3592 Coral Springs Dr)
  15. Nye Mosher Schwartz, Pa (3620 Coral Springs Dr)
  16. Wyman Enterprises, Inc. (3626 Coral Springs Dr)
  17. B&B Auto Brokerage, LLC (10560 La Placida Dr)
  18. Cannabi Holdings, LLC. (10560 La Placida Dr)
  19. Top To Bottom Home Improvement And Repair, LLC (10772 La Placida Dr Apt 101)
  20. Expert Air Conditioning & Refrigeration Inc. (3640 Coral Springs Dr)
  21. Pix-N-Props, LLC (3630 Coral Springs Dr)
  22. Top Performer Co (3546 Coral Springs Dr)
  23. Biscayne Bay Foundation, Inc (3639 Coral Springs Dr)

Sales History

DateSold BySold ToDeed TypePrice
08/01/2014 Not Recorded Buyer: 7410324 Unknown 181,300.00
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.

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