48 Springwood Sq, Port Orange


Single Family


48 Springwood Sq
Port Orange
FL 32129

Property Size:621 sq ft
Year Built:1981
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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Volusia County County, Florida

Volusia County is located in the East Central Florida region. Top industries for Volusia County are Education & Health Services, retail trade, leisure & hospitality, and professional & business services. Volusia County is home to Daytona Beach and the Daytona International Speedway, which hosts NASCAR's most prestigious race: The Daytona 500. Daytona Beach also acts as a popular tourist destination.

Top private sector employers include Florida Hospital, Halifax Health, Wal-Mart, Publix Supermarkets, and Embry-Riddle Aeronautical University. Public Sector employers include Volusia County School Board, County of Volusia, Florida State Government, Daytona State College, and US Government. Volusia County cities and towns include Daytona Beach, DeBary, DeLand, Deltona, Holly Hill, New Smyrna Beach, Orange City, Ormond Beach, and Port Orange. ..more

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  1. 48 Springwood Sq, Port Orange, FL on Zillow
  2. Recent Sales near 48 Springwood Sq, Port Orange, FL on Realtor.com
  3. 48 Springwood Sq, Port Orange, FL on Google Maps
  4. Port Orange, FL Property Values on Trulia
  5. Demographic Data for Zipcode 32129 from City-Data.com
  6. Port Orange Demographics from City-Data.com
  7. Phone numbers and opening hours for businesses in the 32129 Zipcode

Owner Details

Companies near this Address

  1. W.D. Sparkling Solutions, Inc (91 Moonstone Ct)
  2. Krupa Property Management LLC (82 Springwood)

Sales History

DateSold BySold ToDeed TypePrice
09/15/1983 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 52,000.00
09/15/2000 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 38,000.00
01/28/2005 Not Recorded Buyer: 1085663 Warranty Deed/Special Warranty Deed 87,500.00

Volusia County Real Estate - Port Orange

Port Orange is in East Central Florida. It's population as recorded in the 2010 Census was 56,048.

The median age for residents of Port Orange is 46.9. Around 24% of Port Orange households include school aged children and 36.4% of households include individuals aged 65 years or over. Census records indicate 91.3% of the Port Orange population are White, 3.3% are Black or African American, .3% American Indian, 2.2% Asian and 1.8% are Two or more Races.

There are 27,972 housing units in Port Orange. 3,131 (11.1%) of these were reported as vacant in the 2010 Census. Port Orange is a tourist destination, 38.2% (1,198) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 6,992 residential rental units in Port Orange. 6,200 of them were occupied in 2010 providing a residential rental vacancy rate of 10.7%.

Port Orange links:

Nearby Cities

Local Household Income

The median household income in this part of Florida is $57,352. The bottom 10% of the population earn less than $21,063 per year. The top 10% earn more than $132,242 per year. The top 1% earn more than $491,808 per year. Most renters earn between $27,864 (20th percentile) and $49,416 (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 $926. Most renters earn between $2,322 and $4,118 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $670 (20th percentile) to $1,224 (80th percentile) range. The residential vacancy rate is 9%.

Estimated Value: 48 Springwood Sq

Market Data

In 2013 class A single family properties in Port Orange sold for $121.74 to 874.21 per sq ft with a median price per sq ft of $151.22. Class B properties sold for $75.08 to 121.73 per sq ft with a median of $94.81 and class C properties sold for $13.16 to 75.07 per sq ft with a median of $66.79.

Market Valuation

48 Springwood Sq appears to be a C Class property. Suggested value: $34,924

Value39,254 34,924 6,881

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $47,256. 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 48 Springwood Sq:

  • The Household Income estimate assumes the tenant has a total household income of $21,063 and spends 33% 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 $579
Household Income - Renters $734
Market Rents $644
Price/Ft $587

Expense Estimates:

  • Census data records show 9% 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 48 Springwood Sq. 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 Rent644
Annual Rent per Sq Ft12.00
Gross Annual Rent7,733
Vacancies and Bad Debt14%
Vacancies and Bad Debt Amount1,083
HOA, Utilities and CAM0
Property Taxes797
Management Fees773
Cap Rate9
Estimated Value47,256
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.