5801 Sw 113 Ct is a 1,868 sq ft Single Family in Unincorporated County. It was built in 1958. 5801 Sw 113 Ct sits on 0.24 acres of land. In 2014 similar properties sold for between $198,199 and $411,180. We estimate the income value of 5801 Sw 113 Ct at $113,171. The assumptions we used to calculate this value are include in the spreadsheet linked below. Unincorporated County is in Miami Dade County, Florida.

5801 Sw 113 Ct Property Summary

5801 Sw 113 Ct
Unincorporated County
FL 33173

Property Size:1,868 sq ft
Acreage:0.24
Year Built:1958
Property Class:B4
Lat, Long: 25.712, -80.377

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 5801 Sw 113 Ct, Unincorporated County, FL 33173
Estimated Value: 5801 Sw 113 Ct

Market Data

In 2014 class A single family properties in Unincorporated County sold for $165.25 to 999.46 per sq ft with a median price per sq ft of $223.52. Class B properties sold for $79.65 to 165.24 per sq ft with a median of $118.67 and class C properties sold for $10.04 to 79.64 per sq ft with a median of $66.15.

Market Valuation

5801 Sw 113 Ct appears to be a B Class property. Suggested value: $295,296

HighMedianLow
Value411,180 295,296 198,199

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $113,171. 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 5801 Sw 113 Ct:

  • The Household Income estimate assumes the tenant has a total household income of $108,546 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 $3,256
Household Income - Renters $1,794
Market Rents $1,665
Price/Ft $1,600

Expense Estimates:

  • Census data records show 5% 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 5801 Sw 113 Ct. 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 Rent1,665
Annual Rent per Sq Ft11.00
Gross Annual Rent19,985
Vacancies and Bad Debt10%
Vacancies and Bad Debt Amount1,998
Maintenance971
HOA, Utilities and CAM0
Property Taxes4,703
Insurance2,393
Management Fees1,998
NOI7,922
Cap Rate7
Estimated Value113,171
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 $84,369. The bottom 10% of the population earn less than $23,412 per year. The top 10% earn more than $246,527 per year. The top 1% earn more than $657,024 per year. Most renters earn between $37,968 (20th percentile) and $61,836 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $168,738 and $210,923.

The tax assessed value of this property places it in percentile 61 of all properties in this area. This suggests it would appeal to someone earning around $108,546 per year who should qualify for a mortgage between $217,092 and $271,365.

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 $1,313. Most renters earn between $3,164 and $5,153 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $1,011 (20th percentile) to $1,715 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 61 of all properties in this area. This corresponds to a rent of $1,442 per month and a monthly household income of $4,343 ($52,116 per year)

Links

  1. 5801 Sw 113 Ct, Unincorporated County, FL on Zillow
  2. Recent Sales near 5801 Sw 113 Ct, Unincorporated County, FL on Realtor.com
  3. 5801 Sw 113 Ct, Unincorporated County, FL on Google Maps
  4. 5801 Sw 113 Ct Walkscore
  5. Unincorporated County, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies at this Address

  1. Mailing Address for Adrian Avila, Corp.

Companies near this Address

  1. J.N.L. Plumming Corporation (5820 Sw 112 Court)
  2. Ja'Nets Butterflykisses, LLC (5801 Sw 113th Pl)
  3. Caraballo System Services, Inc. (5810 Sw 113 Court)
  4. Eddy'S Carpet & Floors, Inc. (5815 Sw 113 Court)
  5. Olm Support Services LLC (5920 Sw 113 Court)
  6. Abrahantes Home Investments, LLC (5815 Sw 113 Ave)
  7. Anb Cabinets LLC (5800 Sw 113 Avenue)
  8. Chiquita Pero Seria Car Wash Corp (11320 Sw 57th Ter)
  9. Oscar De La Garden Lawn Corp (11401 Sw 59 Terr)
  10. Lorenzo Plumbing Corp. (11390 Sw 58 Terrace)
  11. R & E Entrepreneurship Group Inc (11375 Sw 58th Ter)
  12. Butterfly Marketing LLC (11375 Sw 58 Ter)
  13. 267 Corporation (5825 Sw 113th Pl)
  14. Dr Truck Inc (5825 Sw 113th Pl)
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.