8865 Nw 114 St is a 1,214 sq ft Single Family in Hialeah Gardens. It was built in 1987. 8865 Nw 114 St sits on 0.06 acres of land. In 2014 similar properties sold for between $126,989 and $192,928. We estimate the income value of 8865 Nw 114 St at $92,214. The assumptions we used to calculate this value are include in the spreadsheet linked below. Hialeah Gardens is in Miami Dade County, Florida.

8865 Nw 114 St Property Summary

8865 Nw 114 St
Hialeah Gardens
FL 33018

Property Size:1,214 sq ft
Year Built:1987
Property Class:B4
Lat, Long: 25.877, -80.343

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.

Estimated Value: 8865 Nw 114 St

Market Data

In 2014 class A single family properties in Hialeah Gardens sold for $149.14 to 297.54 per sq ft with a median price per sq ft of $166.52. Class B properties sold for $98.16 to 149.13 per sq ft with a median of $125.00 and class C properties sold for $10.66 to 98.15 per sq ft with a median of $87.23.

Market Valuation

8865 Nw 114 St appears to be a B Class property. Suggested value: $161,711

Value192,928 161,711 126,989

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $92,214. 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 8865 Nw 114 St:

  • The Household Income estimate assumes the tenant has a total household income of $61,057 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 $1,832
Household Income - Renters $1,278
Market Rents $1,211
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 8865 Nw 114 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.

Monthly Rent1,211
Annual Rent per Sq Ft12.00
Gross Annual Rent14,533
Vacancies and Bad Debt12%
Vacancies and Bad Debt Amount1,744
HOA, Utilities and CAM0
Property Taxes3,115
Management Fees1,453
Cap Rate7
Estimated Value92,214
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 $55,358. The bottom 10% of the population earn less than $17,870 per year. The top 10% earn more than $130,256 per year. The top 1% earn more than $382,868 per year. Most renters earn between $34,188 (20th percentile) and $55,368 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $110,716 and $138,395.

The tax assessed value of this property places it in percentile 55 of all properties in this area. This suggests it would appeal to someone earning around $61,057 per year who should qualify for a mortgage between $122,114 and $152,643.

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 $1,202. Most renters earn between $2,849 and $4,614 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $958 (20th percentile) to $1,602 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 55 of all properties in this area. This corresponds to a rent of $1,248 per month and a monthly household income of $3,670 ($44,040 per year)


  1. 8865 Nw 114 St, Hialeah Gardens, FL on Zillow
  2. Recent Sales near 8865 Nw 114 St, Hialeah Gardens, FL on Realtor.com
  3. 8865 Nw 114 St, Hialeah Gardens, FL on Google Maps
  4. 8865 Nw 114 St Walkscore
  5. Hialeah Gardens, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Jm Cargo Logistics, Inc. (8810 Nw 114 Terr)
  2. Ylm Auto Transport Inc. (8837 Nw 114th St)
  3. D'Best Pool Service, Inc. (8814 Nw 113 St)
  4. Lyd Logistics, Inc. (8807 Nw 113 St)
  5. Gt Aragon, LLC (3542 W 88th Ter)
  6. Venusa Export LLC (3588 W 88th Ter)
  7. M&F Real Estate Investment LLC (3553 W 88 St)
  8. Na Consulting Services, LLC. (3592 W 88th Ter)
  9. Phone Site, LLC (3502 W 88 Terrace)
  10. Jil3 Inc (3520 W 88th St)
  11. Helmica Investment LLC (3553 W 88th St)
  12. Green Phase Investment Corp (3548 W 88th St)
  13. A R Produce Corporation (3548 W 88th St)
  14. Almed, LLC (3540 W 88th Ter)
  15. Optisan, Corp. (3547 W 88 St)
  16. Ennovant LLC (3550 W 88th Ter)
  17. Curative Remedies LLC (3550 W 88th Ter)
  18. Therapy Services Crh, Inc (11449 Nw 89 Ct)
  19. Travel Para Todos, LLC (11439 Nw 89 Court)
  20. V.R Executive Group Air Services Corp. (3345 West 89 Terrace)
  21. Empire Express Transport Services Corp (3355 W 89 Terr)
  22. Sebiche Argentino, Inc. (3351 W 89th Ter)
  23. Urban Fokus Inc (3447 W 89th Ter)
  24. Naturel Juice Bar Corporation (3407 W 89 Terrace)
  25. Aj Tile And Marble Desing Corp (3407 W 89 Terrace)
  26. Obbar Incorporated (11422 Nw 89 Ave)
  27. Miavictoria Sales Corp (11438 Nw 89 Ave)
  28. Jm & Jm Unlimited Corporation (11428 Nw 89 Ave)
  29. Sarvic Services, Inc (11404 Nw 89th Ave)
  30. Ferro Nursing Co (9581 Nw 114 Ave)
  31. Line Blue Trucking Inc (9438 Nw 114 Terr)
  32. Yellow Star Logistics Corp (9414 Nw 114th Ter)
  33. I & D Service Group LLC (9328 Nw 114th Ter)
  34. The Kudos Group, Corp (9328 Nw 114th Ter)
  35. Get A Grip 123 LLC (9326 Nw 114 Terrace)
  36. High Level Service " Inc" (9378 Nw 114 Terrace)
  37. Lj Software Inc. (9454 Nw 114th Ter)
  38. Netsy Car Computer LLC (9549 Nw 114 Ln)
  39. F & S Florida Group, LLC (8876 Nw 114 Terrace)
  40. Mr. Magoo Auto Transport LLC (8809 Nw 114 St)
  41. Oliva Pavers Enterprise Corp. (8809 Nw 114 St)
  42. Crime Prevention Of Florida LLC (11471 Nw 89 Ct)
  43. Manolo Concrete & Pumping, Inc. (8813 Nw 115 St)
  44. Msc Trading Group LLC (8948 Nw 113 Street)
  45. Msc Trading Holding LLC (8948 Nw 113 Street)
  46. Clarisa Unisex #3, Corp. (8935 Nw 113 Street)
  47. Rainfruit, Corp (8903 Nw 114 St)
  48. Leiva Rn Services, Inc. (8903 Nw 114th St)
  49. Snakxpress Co (8898 Nw 114th St)
  50. Nationwide Pet Supplies LLC (8888 Nw 114 St)
  51. Date Palms Nursery, LLC (8888 Nw 113 St)
  52. Couture Your Party, Inc (8859 Nw 113 St)
  53. Professional Crown Moulding Inc (8858 Nw 113 St)
  54. Casper Mechanic Services, Inc (11413 Nw 89 Court)
  55. Jorge Morales Inc (8837 Nw 115th St)
  56. Cjs Professional Search Services Inc. (9334 Nw 114 Terrace)
  57. P. A. R. Express, Inc. (11470 Nw 89 Avenue)
  58. Hair Legacy Inc. (9579 Nw 114 Lane)
  59. J.L.R. Seafood Handling, Inc. (9414 Nw 114 Terrace)
  60. Sasha Trucking, Corp. (9425 Nw 114th Ln)

Sales History

DateSold BySold ToDeed TypePrice
05/01/2013 Not Recorded Buyer: 9359083 Unknown 100.00
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.