12112 Aviles Cir is a 3,808 sq ft Single Family in Palm Beach Gardens. It was built in 2010. In 2016 similar properties sold for between $500,730 and $713,516. We estimate the income value of 12112 Aviles Cir at $58,943. The assumptions we used to calculate this value are include in the spreadsheet linked below. Palm Beach Gardens is in Palm Beach County, Florida.

12112 Aviles Cir Property Summary

12112 Aviles Cir
Palm Beach Gardens
FL 33418

Property Size:3,808 sq ft
Year Built:2010
Property Class:B3
Lat, Long: 26.856, -80.106

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: 12112 Aviles Cir

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

12112 Aviles Cir appears to be a B Class property. Suggested value: $607,670

HighMedianLow
Value713,516 607,670 500,730

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $58,943. 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 12112 Aviles Cir:

  • The Household Income estimate assumes the tenant has a total household income of $214,877 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 $6,267
Household Income - Renters $2,689
Market Rents $2,424
Price/Ft $2,225

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 12112 Aviles Cir. 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 Rent2,424
Annual Rent per Sq Ft8.00
Gross Annual Rent29,086
Vacancies and Bad Debt11%
Vacancies and Bad Debt Amount3,199
Maintenance1,980
HOA, Utilities and CAM0
Property Taxes13,119
Insurance3,753
Management Fees2,909
NOI4,126
Cap Rate7
Estimated Value58,943
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 86 of all properties in this area. This suggests it would appeal to someone earning around $214,877 per year who should qualify for a mortgage between $429,754 and $537,193.

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 86 of all properties in this area. This corresponds to a rent of $1,945 per month and a monthly household income of $6,111 ($73,332 per year)

Links

  1. 12112 Aviles Cir, Palm Beach Gardens, FL on Zillow
  2. Recent Sales near 12112 Aviles Cir, Palm Beach Gardens, FL on Realtor.com
  3. 12112 Aviles Cir, Palm Beach Gardens, FL on Google Maps
  4. 12112 Aviles Cir Walkscore
  5. Palm Beach Gardens, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Bernard Stein, LLC (12109 Aviles Cir)
  2. Runge Industries, L.P. (12108 Aviles Cir)
  3. Der Management, LLC (12108 Aviles Cir)
  4. Palm Beach Real Estate Trust, L.L.C. (12108 Aviles Cir)
  5. General Mobile, LLC (12108 Aviles Cir)
  6. General Growth, L.L.C. (12108 Aviles Cir)
  7. Bonded Courier, LLC (12125 Aviles Cir)
  8. Icon Express, LLC (12125 Aviles Cir)
  9. Air Courier Sameday, LLC (12125 Aviles Cir)
  10. Iconex LLC (12125 Aviles Cir)
  11. Palm Beach Attache, Inc. (12125 Aviles Cir)
  12. Bella Athola, LLC (12104 Aviles Cir)
  13. Proven Realty LLC (4902 Pacifico Ct)
  14. Old Palm Realty Corp. (12168 Aviles Cir)
  15. E&M Memorabilia Inc (12149 Aviles Cir)

Sales History

DateSold BySold ToDeed TypePrice
04/01/2011 Not Recorded Buyer: 2528616 Unknown 550,000.00
05/01/2014 Seller: 2528616 Buyer: 9667379 Unknown 725,000.00
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.