For Sale - 2754 Sw 82 Ave, $235,000

UPDATED 3 BDRM, 2.5 BATH TOWN HOME IN GATED "TUSCANY" COMMUNITY. GRANITE COUNTER TOPS, STAINLESS STEEL APPLIANCES. NEW

UPDATED 3 BEDROOM, 2.5 BATH TOWN HOME IN THE GATED TUSCANY COMMUNITY. OPEN KITCHEN WITH GRANITE COUNTER TOPS AND STAINLESS STEEL APPLIANCES, NEWER AC AND WATER HEATER, BEAUTIFUL NEW TILE FLOORS ON FIRST FLOOR, BEAUTIFUL LAMINATE ON STAIRS & 2ND FLOOR. BEDROOMS ON 2ND FLOOR. WALK IN MASTER CLOSET. ACCORDION SHUTTERS ON 2ND FLOOR. TWO ASSIGNED PARKING SPOTS AND AMPLE GUEST PARKING. TUSCANY AMENITIES INCLUDE POOL, BASKETBALL COURT, CLUB HOUSE AND MULTIPLE PLAYGROUNDS,. GREAT FOR INVESTORS TOO, CAN RENT RIGH

Sq Ft1423
Bedrooms3
Full Bathrooms2
Half Bathrooms1
Maintenance Charge/Month260
Maintenance IncludesBuilding Exterior,Common Area,Landscaping/Lawn Maintenance,Pool Service,Recreation Facilities,Security
Carport Spaces0
Garage Spaces0
Pets AllowedYes
Pet RestrictionsRestrictions Or Possible Restrictions
High School
Middle School
Elementary School
MLS NumberA10319787
Virtual Tourhttp://www.propertypanorama.com/instaview/mia/A10319787
Verified10/19/2017 01:31am


Contact Sue for additional details
  • Email:
  • Phone: (321) 453 7389
  • Property ID: 10918603

Please quote reference number: when you call or email


Listing provided by The Keyes Company. Copyright 2017 Multiple Listing Service of South East Florida and Miami Association of Realtors. All rights reserved.

2754 Sw 82 Ave is a 1,423 sq ft Condominium in Miramar. It was built in 2005. 2754 Sw 82 Ave sits on 0.02 acres of land. In 2016 similar properties sold for between $192,703 and $766,284. We estimate the income value of 2754 Sw 82 Ave at $70,783. The assumptions we used to calculate this value are include in the spreadsheet linked below. Miramar is in Broward County, Florida.

2754 Sw 82 Ave Property Summary

2754 Sw 82 Ave
Miramar
FL 33025

Property Size:1,423 sq ft
Acreage:0.02
Year Built:2005
Property Class:A5
Lat, Long: 25.985, -80.250
Estimated Value: 2754 Sw 82 Ave

Market Data

In 2016 class A condominium properties in Miramar sold for $152.76 to 607.45 per sq ft with a median price per sq ft of $173.55. Class B properties sold for $102.81 to 152.75 per sq ft with a median of $125.24 and class C properties sold for $14.42 to 102.80 per sq ft with a median of $92.96.

Market Valuation

2754 Sw 82 Ave appears to be an A Class property. Suggested value: $218,929

HighMedianLow
Value766,284 218,929 192,703

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $70,783. 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 2754 Sw 82 Ave:

  • The Household Income estimate assumes the tenant has a total household income of $25,793 and spends 35% 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 $752
Household Income - Renters $806
Market Rents $700
Price/Ft $2,225

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 2754 Sw 82 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 Rent967
Annual Rent per Sq Ft8.00
Gross Annual Rent11,607
Vacancies and Bad Debt10%
Vacancies and Bad Debt Amount1,161
Maintenance740
HOA, Utilities and CAM0
Property Taxes3,064
Insurance1,234
Management Fees1,161
NOI4,247
Cap Rate6
Estimated Value70,783
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 $87,115. The bottom 10% of the population earn less than $27,136 per year. The top 10% earn more than $202,982 per year. The top 1% earn more than $512,338 per year. Most renters earn between $42,576 (20th percentile) and $72,900 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $174,230 and $217,788.

The tax assessed value of this property places it in percentile 9 of all properties in this area. This suggests it would appeal to someone earning around $25,793 per year who should qualify for a mortgage between $51,586 and $64,483.

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 $1,506. Most renters earn between $3,548 and $6,075 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $1,076 (20th percentile) to $1,953 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 9 of all properties in this area. This corresponds to a rent of $861 per month and a monthly household income of $2,893 ($34,716 per year)

Links

  1. 2754 Sw 82 Ave, Miramar, FL on Zillow
  2. Recent Sales near 2754 Sw 82 Ave, Miramar, FL on Realtor.com
  3. 2754 Sw 82 Ave, Miramar, FL on Google Maps
  4. 2754 Sw 82 Ave Walkscore
  5. Miramar, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Island Products Distribution Inc. (8258 Sw 27th St)
  2. Kch Trust LLC (2718 Sw 82 Avenue)
  3. Aless'S Enterprise Corp (8238 Sw 27 Avenue)
  4. Factor Home Corp (8230 Sw 27 St)
  5. Write Choice Consulting Firm, LLC (8223 Sw 27th St)
  6. Ethical Cleaning Services Inc. (8214 Southwest 27th St)
  7. A Team Bros Auto Transport LLC (8215 Sw 27th St)
  8. Dazzling Queen Inc (2693 Sw 82nd Ave)
  9. Grafiti Design Corp. (2612 Sw 82 Ave)
  10. Addacollection LLC (8276 Sw 27 Th Street #103)
  11. Inversiones Jeem, LLC (8251 Sw 29 St)
  12. Marviva Assents Corp (8269 Sw 29 St)
  13. Soluciones Migratorias Y Servicios, LLC (8251 Sw 29th St)
  14. Beyond Security LLC (8204 Sw 29 Street)
  15. The Auguste Foundation Corp (8204 Sw 29 Street)
  16. D4l Autosales & Parts, Inc. (8206 Sw 29 Street)
  17. Indigauxx Inc (2748 Sw 82nd Ave)
  18. Christianna Jean Inc. (2779 Sw 82nd Ave)
  19. Enchanting Extensions LLC (2778 Sw 82nd Ave)
  20. Penafiel Educational Services LLC (2863 Sw 82nd Ave)
  21. 360 Aviation Services, Inc. (12056 Sw 28 St)
  22. Line I Group Inc (12116 Sw 28th St)
  23. Inversiones Skydome Corp (8269 Sw 29st)
  24. Brxt Holdings LLC (2700 Sw 82nd Ave)
  25. Cassie, Inc (2718 Sw 82 Avenue)
  26. Onyx Events, Incorporated (2725 Sw 82nd Ave)
  27. H & M Resources, LLC (12108 Sw 28th St)
  28. Premier Oil And Gas, LLC (12108 Sw 28th St)
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.

MLS Data

Visulate participates in My Flordia Regional, South East Florida MLS and the Brevard County Broker Reciprocity programs, allowing us to display other broker's listings on our site. Listing data supplied by other brokers is deemed reliable but not guaranteed. It is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties to buy, lease or rent.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Programs of My Flordia Regional, South East Florida MLS and Brevard County, Florida. Real estate listings held by brokerage firms other than Visulate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.