11977 Nautica Dr is a 1,935 sq ft Single Family in Orlando. It was built in 2007. In 2015 similar properties sold for between $202,953 and $341,964. We estimate the income value of 11977 Nautica Dr at $81,643. The assumptions we used to calculate this value are include in the spreadsheet linked below. Orlando is in Orange County County, Florida.

11977 Nautica Dr Property Summary

11977 Nautica Dr
Orlando
FL 32827

Property Size:1,935 sq ft
Bedrooms:3.00
Bathrooms:3.00
Year Built:2007
Property Class:B4
Lat, Long: 28.394, -81.266

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.

11977 Nautica Dr, Orlando, FL 32827
Estimated Value: 11977 Nautica Dr

Market Data

In 2015 class A single family properties in Orlando sold for $109.11 to 989.55 per sq ft with a median price per sq ft of $131.92. Class B properties sold for $64.75 to 109.10 per sq ft with a median of $89.72 and class C properties sold for $10.06 to 64.74 per sq ft with a median of $54.05.

Market Valuation

11977 Nautica Dr appears to be a B Class property. Suggested value: $281,219

HighMedianLow
Value341,964 281,219 202,953

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $81,643. 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 11977 Nautica Dr:

  • The Household Income estimate assumes the tenant has a total household income of $113,687 and spends 38% 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 $3,600
Household Income - Renters $1,379
Market Rents $1,328
Price/Ft $1,600

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 11977 Nautica 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.

Amount
Monthly Rent1,328
Annual Rent per Sq Ft8.00
Gross Annual Rent15,930
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount2,390
Maintenance1,006
HOA, Utilities and CAM0
Property Taxes4,062
Insurance1,164
Management Fees1,593
NOI5,715
Cap Rate7
Estimated Value81,643
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 $52,750. The bottom 10% of the population earn less than $15,819 per year. The top 10% earn more than $140,614 per year. The top 1% earn more than $483,623 per year. Most renters earn between $25,344 (20th percentile) and $41,136 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,500 and $131,875.

The tax assessed value of this property places it in percentile 85 of all properties in this area. This suggests it would appeal to someone earning around $113,687 per year who should qualify for a mortgage between $227,374 and $284,218.

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 $962. Most renters earn between $2,112 and $3,428 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $756 (20th percentile) to $1,259 (80th percentile) range. The residential vacancy rate is 10%.

This property falls in percentile 85 of all properties in this area. This corresponds to a rent of $1,328 per month and a monthly household income of $3,630 ($43,560 per year)

Links

  1. 11977 Nautica Dr, Orlando, FL on Zillow
  2. Recent Sales near 11977 Nautica Dr, Orlando, FL on Realtor.com
  3. 11977 Nautica Dr, Orlando, FL on Google Maps
  4. 11977 Nautica Dr Walkscore
  5. Orlando, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Roman Homes Florida LLC (11937 Nautica Dr)
  2. Nona Communications, LLC (11945 Nautica Dr)
  3. Expedited Freight LLC (9106 Rugar Dr)
  4. Wilkins Fitness LLC (8561 Insular Ln)
  5. Jose Ernesto Rodriguez, Pa (8573 Insular Ln)
  6. Lrk Associates, Inc. (11922 Kipper Dr)
  7. Piercing Blue LLC (28280 Kipper Ln)
  8. Heazlitt Consulting, LLC (28263 Kipper Ln)
  9. Laura Demory, LLC (8465 Insular Ln)
  10. Hello Photo Studio (8482 Insular Ln)
  11. Listo Para Llevar C A Corp (119 Nautica Dr)
  12. Tecnologia Y Servicios Chocho'S C.A Corp (119 Nautica Dr)
  13. Lake Nona Deli & Market, LLC (8510 Insular Ln)
  14. Teddybears And Dolls, Inc. (8510 Insular Ln)
  15. The Salon At Lake Nona,LLC (8524 Insular Ln)
  16. Video Merge, LLC (11950 Nautica Dr)
  17. Pepa'S Gourmet, LLC (8454 Leatherleaf Ln)
  18. Electrum Marketing, LLC (11854 Nautica Dr)
  19. Viana All Solutions, Corp (8463 Leatherleaf Ln)
  20. Appeuphoria, LLC (11862 Nautica Dr)
  21. Diadanvi Import And Export, LLC (8466 Leatherleaf Ln)
  22. Imporex Global LLC (11878 Nautica Dr)
  23. Agricola Aragua Corp. (11926 Nautica Dr)

Sales History

DateSold BySold ToDeed TypePrice
04/26/2007 Not Recorded Buyer: 1418055 Unknown 306,700.00
02/01/2013 Seller: 1418055 Not Recorded Unknown 180,100.00
02/01/2013 Seller: 1418055 Buyer: 1158557 Unknown 180,100.00
03/01/2014 Not Recorded Buyer: 9381598 Unknown 240,000.00
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.