For Sale - 10277 Allamanda Blvd, $583,000

Located in the heart of Palm Beach Gardens a single story split floor plan.

Located in the heart of Palm Beach Gardens a single story split floor plan. Minutes from great beaches, shopping, & dining. 4 bdrm 2.5 bath 2 car garage, new roof, A/C & new water heater 2016. Travertine flooring in main living areas w/carpet in bedrooms. Vaulted ceilings. Spacious screened in pool & patio w/natural gas heated pool, gas hook up for BBQ, great for outdoor parties. Lg backyard lies beyond patio. Kitchen & baths remodeled. Kitchen has granite counters, SS appliances w/wine fridge & natural g

Bedrooms4
Full Bathrooms2
Half Bathrooms1
High School
Middle School
Elementary School
MLS NumberA10310020
Virtual Tourhttp://www.propertypanorama.com/instaview/mia/A10310020
Verified10/20/2017 01:30am


Contact Sue for additional details
  • Email:
  • Phone: (321) 453 7389
  • Property ID: 2738699

Please quote reference number: when you call or email


Listing provided by Like It Realty. Copyright 2017 Multiple Listing Service of South East Florida and Miami Association of Realtors. All rights reserved.

10277 Allamanda Blvd is a 2,771 sq ft Single Family in Palm Beach Gardens. It was built in 1992. 10277 Allamanda Blvd sits on 0.20 acres of land. In 2016 similar properties sold for between $343,930 and $490,083. We estimate the income value of 10277 Allamanda Blvd at $80,029. The assumptions we used to calculate this value are include in the spreadsheet linked below. Palm Beach Gardens is in Palm Beach County, Florida.

10277 Allamanda Blvd Property Summary

10277 Allamanda Blvd
Palm Beach Gardens
FL 33410

Property Size:2,771 sq ft
Acreage:0.20
Year Built:1992
Property Class:B4
Lat, Long: 26.825, -80.078
Estimated Value: 10277 Allamanda Blvd

Market Data

In 2016 class A single family properties in Palm Beach Gardens sold for $182.76 to 575.81 per sq ft with a median price per sq ft of $209.96. Class B properties sold for $128.25 to 182.75 per sq ft with a median of $155.64 and class C properties sold for $11.45 to 128.24 per sq ft with a median of $118.98.

Market Valuation

10277 Allamanda Blvd appears to be a B Class property. Suggested value: $417,382

HighMedianLow
Value490,083 417,382 343,930

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $80,029. 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 10277 Allamanda Blvd:

  • The Household Income estimate assumes the tenant has a total household income of $130,256 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 $3,799
Household Income - Renters $1,975
Market Rents $1,768
Price/Ft $2,226

Expense Estimates:

  • Census data records show 6% 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 10277 Allamanda Blvd. 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 Rent1,768
Annual Rent per Sq Ft8.00
Gross Annual Rent21,219
Vacancies and Bad Debt11%
Vacancies and Bad Debt Amount2,334
Maintenance1,441
HOA, Utilities and CAM0
Property Taxes6,989
Insurance2,731
Management Fees2,122
NOI5,602
Cap Rate7
Estimated Value80,029
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 $85,423. The bottom 10% of the population earn less than $25,310 per year. The top 10% earn more than $291,096 per year. The top 1% earn more than $691,178 per year. Most renters earn between $35,844 (20th percentile) and $67,212 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $170,846 and $213,558.

The tax assessed value of this property places it in percentile 70 of all properties in this area. This suggests it would appeal to someone earning around $130,256 per year who should qualify for a mortgage between $260,512 and $325,640.

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 $1,276. Most renters earn between $2,987 and $5,601 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $944 (20th percentile) to $1,734 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 70 of all properties in this area. This corresponds to a rent of $1,528 per month and a monthly household income of $4,844 ($58,128 per year)

Links

  1. 10277 Allamanda Blvd, Palm Beach Gardens, FL on Zillow
  2. Recent Sales near 10277 Allamanda Blvd, Palm Beach Gardens, FL on Realtor.com
  3. 10277 Allamanda Blvd, Palm Beach Gardens, FL on Google Maps
  4. 10277 Allamanda Blvd Walkscore
  5. Palm Beach Gardens, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies at this Address

  1. Principal Address for Tjn Solutions LLC
  2. Mailing Address for Tjn Solutions LLC

Companies near this Address

  1. 354 Maple LLC (920 Evergreen Dr)
  2. Sustainable Solutions P.B.C., Inc. (920 Evergreen Dr)
  3. K Marcus Resource Group Inc (920 Evergreen Dr)
  4. Complete Service Towing LLC (944 Evergreen Dr)
  5. Md Property Investments, LLC (10274 Allamanda Blvd)
  6. Tammy Marie Photography, LLC (10224 Allamanda Blvd)
  7. Tjn Solutions LLC (10277 Allamanda Blvd)
  8. Terence J. Hanbury Insurance Agency, Incorporated (10220 Allamanda Blvd)
  9. March Winds Group Inc (1009 Alamanda Dr)
  10. Toolery Inc. (1001 Alamanda Dr)
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.