7091 Taft St is a 1,729 sq ft Single Family in Hollywood. It was built in 1960. 7091 Taft St sits on 0.16 acres of land. In 2015 similar properties sold for between $163,594 and $244,790. We estimate the income value of 7091 Taft St at $44,643. The assumptions we used to calculate this value are include in the spreadsheet linked below. Hollywood is in Broward County, Florida.

7091 Taft St Property Summary

7091 Taft St
Hollywood
FL 33024

Property Size:1,729 sq ft
Acreage:0.16
Year Built:1960
Property Class:B3
Lat, Long: 26.025, -80.230

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 7091 Taft St, Hollywood, FL 33024
Estimated Value: 7091 Taft St

Market Data

In 2015 class A single family properties in Hollywood sold for $158.98 to 958.70 per sq ft with a median price per sq ft of $174.69. Class B properties sold for $106.24 to 158.97 per sq ft with a median of $135.66 and class C properties sold for $10.12 to 106.23 per sq ft with a median of $95.01.

Market Valuation

7091 Taft St appears to be a B Class property. Suggested value: $208,896

HighMedianLow
Value244,790 208,896 163,594

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $44,643. 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 7091 Taft St:

  • The Household Income estimate assumes the tenant has a total household income of $48,512 and spends 36% 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 $1,455
Household Income - Renters $990
Market Rents $912
Price/Ft $1,599

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 7091 Taft 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.

Amount
Monthly Rent912
Annual Rent per Sq Ft6.00
Gross Annual Rent10,946
Vacancies and Bad Debt12%
Vacancies and Bad Debt Amount1,313
Maintenance899
HOA, Utilities and CAM0
Property Taxes3,332
Insurance1,182
Management Fees1,095
NOI3,125
Cap Rate7
Estimated Value44,643
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.

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 $59,157. The bottom 10% of the population earn less than $15,502 per year. The top 10% earn more than $169,823 per year. The top 1% earn more than $510,625 per year. Most renters earn between $29,088 (20th percentile) and $54,276 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $118,314 and $147,893.

The tax assessed value of this property places it in percentile 42 of all properties in this area. This suggests it would appeal to someone earning around $48,512 per year who should qualify for a mortgage between $97,024 and $121,280.

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 $1,103. Most renters earn between $2,424 and $4,523 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $806 (20th percentile) to $1,561 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 42 of all properties in this area. This corresponds to a rent of $1,031 per month and a monthly household income of $3,045 ($36,540 per year)

Links

  1. 7091 Taft St, Hollywood, FL on Zillow
  2. Recent Sales near 7091 Taft St, Hollywood, FL on Realtor.com
  3. 7091 Taft St, Hollywood, FL on Google Maps
  4. 7091 Taft St Walkscore
  5. Hollywood, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies at this Address

  1. Principal Address for 1216 Hollywood, LLC
  2. Principal Address for South Broward Housing Services, LLC
  3. Mailing Address for 1216 Hollywood, LLC
  4. Mailing Address for South Broward Housing Services, LLC

Companies near this Address

  1. Gmj Foods, Inc. (7019 Taft St)
  2. J & J Insurance Associates, Inc. (7037-B Taft St)
  3. Drop & Go Coin Laundry, LLC (7011 Taft St)
  4. Kutz 4 U, Inc. (7017 Taft St)
  5. Taxman Tax Center LLC (7037 Taft St)
  6. Bend Ell Enterprises Corp. (7041 Taft St)
  7. Edge Medical Link, LLC (7080 Taft St)
  8. Hashi Technologies, Inc. (7080 Taft St)
  9. Starfish LLC (7076 Taft St)
  10. Kelvin Lantigua D.M.D., P.A. (7076 Taft St)
  11. Sharon L. Thibault, Cpa Pa (7070 Taft St)
  12. Kang Fa Inc. (7060 Taft St)
  13. Lucky Spa One Inc (7060 Taft St)
  14. Nilantika, Inc. (7039 Taft St)
  15. Re-Action Realty Group, Inc. (1640 N 70 Way)
  16. Income Tax Center, Inc. (7096 Taft St)
  17. Purity Investments LLC (7096 Taft St)
  18. Lye & Lye Associates, Inc. (7096 Taft St)
  19. Dennis Watson, Inc. (7096 Taft St)
  20. Trips Unlimited Travel, Inc. (7096 Taft St)
  21. Pine Plaza Corp., S.A. (8960-8998 Taft St)
  22. Lev-Gur Properties, Inc. (8900-8940 Taft St)
  23. Pines Clinical Research, Inc. (3715 Taft St)
  24. Kezco Corporation (7131 Taft St)
  25. Rex Realty Services, LLC (7161 Taft St)
  26. The Ernest Jones Company (7090 Taft St)
  27. Reaction Commercial LLC (7090 Taft St)
  28. Francesca E Accurso, Pa (7090 Taft St)
  29. Rdh General Services LLC (7090 Taft St #8)
  30. P & G Landscaping & Property Maintenance, Inc. (7081 Taft Street #159)
  31. 1216 Hollywood, LLC (7091 Taft St)
  32. South Broward Housing Services, LLC (7091 Taft St)
  33. Best Of Broward Sprinklers, Inc. (7081 Taft St)
  34. Real Estate 247 LLC (7081 Taft St)
  35. Clearview Realty, LLC (7081 Taft St)
  36. Johnston & Johnston Land Surveying Services, Inc. (7081 Taft St)
  37. Taft Rehab Center LLC (7071 Taft St)
  38. Venus Women'S Health LLC (7061 Taft St)
  39. Cuevas Solution Services, Inc (7061 Taft St)
  40. Huynh Interiors Corp (7120 Wilson St)
  41. Smart Design Solutions, L.L.C. (7071 Wilson St)
  42. The Shooter'S Mindset Media, LLC (7101 Moseley St)

Sales History

DateSold BySold ToDeed TypePrice
01/01/2011 Not Recorded Buyer: 6146002 Unknown 25,000.00
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.