5133 Sw 202 Ave is a 4,076 sq ft Single Family in Pembroke Pines. It was built in 1995. 5133 Sw 202 Ave sits on 0.92 acres of land. In 2015 similar properties sold for between $609,538 and $1,088,308. We estimate the income value of 5133 Sw 202 Ave at $31,657. The assumptions we used to calculate this value are include in the spreadsheet linked below. Pembroke Pines is in Broward County, Florida.

5133 Sw 202 Ave Property Summary

5133 Sw 202 Ave
Pembroke Pines
FL 33332

Property Size:4,076 sq ft
Acreage:0.92
Year Built:1995
Property Class:B4
Lat, Long: 26.055, -80.418

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 5133 Sw 202 Ave, Pembroke Pines, FL 33332
Estimated Value: 5133 Sw 202 Ave

Market Data

In 2015 class A single family properties in Pembroke Pines sold for $172.45 to 876.08 per sq ft with a median price per sq ft of $207.97. Class B properties sold for $96.58 to 172.44 per sq ft with a median of $132.21 and class C properties sold for $10.20 to 96.57 per sq ft with a median of $83.19.

Market Valuation

5133 Sw 202 Ave appears to be a B Class property. Suggested value: $834,407

HighMedianLow
Value1,088,308 834,407 609,538

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $31,657. 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 5133 Sw 202 Ave:

  • The Household Income estimate assumes the tenant has a total household income of $183,978 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 $5,059
Household Income - Renters $2,321
Market Rents $2,076
Price/Ft $2,225

Expense Estimates:

  • Census data records show 4% 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 5133 Sw 202 Ave. 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 Rent2,076
Annual Rent per Sq Ft6.00
Gross Annual Rent24,917
Vacancies and Bad Debt9%
Vacancies and Bad Debt Amount2,243
Maintenance2,120
HOA, Utilities and CAM0
Property Taxes12,215
Insurance3,631
Management Fees2,492
NOI2,216
Cap Rate7
Estimated Value31,657
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 $96,339. The bottom 10% of the population earn less than $31,144 per year. The top 10% earn more than $246,034 per year. The top 1% earn more than $672,989 per year. Most renters earn between $40,176 (20th percentile) and $75,564 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $192,678 and $240,848.

The tax assessed value of this property places it in percentile 83 of all properties in this area. This suggests it would appeal to someone earning around $183,978 per year who should qualify for a mortgage between $367,956 and $459,945.

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 $1,400. Most renters earn between $3,348 and $6,297 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $1,023 (20th percentile) to $1,916 (80th percentile) range. The residential vacancy rate is 4%.

This property falls in percentile 83 of all properties in this area. This corresponds to a rent of $2,028 per month and a monthly household income of $6,762 ($81,144 per year)

Links

  1. 5133 Sw 202 Ave, Pembroke Pines, FL on Zillow
  2. Recent Sales near 5133 Sw 202 Ave, Pembroke Pines, FL on Realtor.com
  3. 5133 Sw 202 Ave, Pembroke Pines, FL on Google Maps
  4. 5133 Sw 202 Ave Walkscore
  5. Pembroke Pines, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Manure & Shaving Solutions LLC (5100 Sw 201st Ter)
  2. Abreu Petersen Services Inc (5100 Sw 201 Terrace)
  3. Ne1 Design Studios LLC (5133 Sw 202nd Ave)
  4. Harvest Pentecostal Church, Inc. (20220 Sw 51st Ct)
  5. Quantum Housing Investments LLC. (20236 Sw 51 Ct)
  6. Herb And Tea Company LLC (20236 Sw 51 Ct)
  7. Winrod Fitness Inc (20236 Sw 51 Court)
  8. Build A Cake Now Inc. (20236 S W 51st Ct)
  9. Todo Tropical Inc. (5110 Sw 201st Ter)
  10. Swait Air Boat Depot Inc. (5110 Sw 201 Terr)
  11. Copysmart Inc. (5110 Sw 201 Terr)

Sales History

DateSold BySold ToDeed TypePrice
07/01/2014 Not Recorded Buyer: 9746923 Unknown 658,000.00
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.