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Parkland 33076
12642 NW 68th Dr
$1,250,000
● House - Off Market

12642 NW 68th Dr

Parkland, FL 33076
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,372 Ft²
$7,828
Est. Monthly
$370
HOA / Fees
5.62%
Cap Rate

About This Property

Brand New Roof 2024! Rare 5-bed, 4.5-bath waterfront courtyard home & private in-law suite. Soaring ceilings, oversized bedrooms & walk-in closets, & primary bath with dual sinks, tub,& separate shower. Open kitchen with high-end LG Studio SS appliances, EIK, breakfast nook, & formal dining. Step outside to your lakefront oasis-new silver travertine patio & fenced yard. Updated saltwater pool & new filter. Enjoy 2 exceptional spaces for entertaining-private courtyard & pool plus a backyard with breathtaking lake views.  LED lighting inside & out, Interior and exterior fresh paint, new gutters, 2023 Water heater, 2022 & 2024 AC, 2 remodeled bathrooms, built-ins in every bedroom. 2 clubhouses, fitness centers, tennis, pickle ball, 2 pools, spas, A-rated schools, 24/7 guard-gated security.
Unit Size
3,372 Ft²
Days on Market
-
Land Size
-
Price per sqft
$393
Property Type
House
Property Taxes
$951
HOA Dues
$370
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Beaches MLS #F10499240)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Premium
Sold
May 22, 2025 In contract -
In contract
Apr 22, 2025 Listed by Douglas Elliman $1,325,000
Listed by Douglas Elliman
Jun 28, 2024 Sold
Premium
Sold
May 31, 2024 In contract -
In contract
Show More

Property Highlights

Elevator

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 7
  • Garage Type: 7
  • Garage Square Area: 657
  • Parking Space Count: 2
  • Patio Type: 19
  • Porch Type: 36
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 12,509
  • Total Building Area: 4,841
  • Gross Building Area: 4,841
  • Building Area: 3,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 3,372
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERON BAY SEVEN & EIGHT 165-18 B
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 01-01
  • State Land Use Code: 01
  • Legal Description 1: HERON BAY SEVEN & EIGHT 165-18 B LOT 6 BLK D

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 010503

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 12
  • District: 3012
  • Parcel: 48-41-06-06-0580
  • Block: D
  • Lot: 6
  • Meridian: SEC 06 TWN 48S RNG 41E
  • Municipality: PARKLAND
  • Latitude: 26.3146
  • Longitude: -80.2942

    Address

  • Full Address: 12642 Nw 68th Dr
  • Address - House Number: 12642
  • Street Direction: NW
  • Address - Street Name: 68th
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Parkland
  • Carrier Code: R078
  • 4-Digit Zip Code: 1971
  • Zip Code: 33076

Valuation

    Tax

  • Total Area: 4,421
  • Tax Year: 2023
  • Tax Amount: $1,149,187
  • Tax Rate Code Area: 3012

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 1,226,030
  • High Value: 1,446,693
  • Low Value: 1,005,367

    Market Valuation

  • Market Total Value: $972,280
  • Market Land Value: $187,640
  • Market Improvement Value: $784,640

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $595,990

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: Feb 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 116375008
  • Previous Sale Recording Date: May 26, 2010
  • Previous Sale Contract Date: May 21, 2010
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Parkland

Stats & Trends

Median Asking:

$1,199,000

Sale Price/ft²

$378

Below Asking

0.02%

Average Days on Market

72

Average Home Size

3466 ft²

Average Home Age

20.8 years

Currently For Sale

111 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 10370 Nw 50th Court, Coral Springs, FL, 33076

$9,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,691 ft²
10370 Nw 50th Court, Coral Springs, FL, 33076 Listing by Elaine Carine Sabino LLC
Unit for rent at 7663 Nw 122nd Drive, Parkland, FL, 33076

$8,900 /mo

  • 5 Beds
  • 4 Baths
  • 3,613 ft²
7663 Nw 122nd Drive, Parkland, FL, 33076 Listing by Alexey Kogan

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Leah Sajovits
Douglas Elliman
Last Updated: 2 years ago
Data Source: Beaches MLS, MLS# F10499240
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 12642 Northwest 68th Drive built and last sold?
The property at 12642 Northwest 68th Drive was built in 2001 and last sold on Feb 21, 2020 for $639,000.
How much is this home worth?
The estimated value of the home located at 12642 Northwest 68th Drive is $0.
What are some comparable homes to 12642 Northwest 68th Drive?
There are currently no comparable homes to 12642 Northwest 68th Drive.
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