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Coral Springs 33067 Pine Ridge
5617 NW 88th Ter
$608,000
● House - Off Market

5617 NW 88th Ter

Coral Springs, FL 33067
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,649 Ft²
$710,451
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Outstanding 4 bedroom 2 1/2 bath  waterfront/pool home located in the popular community of Pine Ridge. The perfect place to call home and raise your family !  Great floor plan with open kitchen area plus a  breakfast nook, large pantry,  spacious granite counter top with seating for 4 overlooks the inviting solar heated pool and waterfront plus privacy fencing on both sides of the yard and a nicely landscaped back yard.  One of the A/C units is less than a year old and the other one is approximately 5 years old. Fully fenced yard.
Unit Size
2,649 Ft²
Days on Market
-
Land Size
-
Price per sqft
$229
Property Type
House
Property Taxes
$679
HOA Dues
$31
Year Built
1987

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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: 3 years ago (Beaches MLS #F10278081)

Price History

Date / Event Date Event Price
Jun 15, 2021 Sold
Premium
Sold
Apr 5, 2021 Listed by Jalmark Realty Inc At Pembroke Lakes $607,200
Listed by Jalmark Realty Inc At Pembroke Lakes
Oct 4, 2018 Sold
Premium
Sold
Aug 13, 2018 No longer available -
No longer available
May 30, 2018 Listed by Jalmark Realty Inc At Pembroke Lakes $499,900
Listed by Jalmark Realty Inc At Pembroke Lakes
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 36
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 3,373
  • Gross Building Area: 3,373
  • Building Area: 2,649
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,649
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE RIDGE NORTH 127-29 B
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 01-01
  • State Land Use Code: 01
  • Legal Description 1: PINE RIDGE NORTH 127-29 B LOT 26 BLK A

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 010604

Zoning

  • Zoning: RS-3,4,5

Geography

  • Assessors Map Reference: 16
  • District: 2812
  • Parcel: 48-41-10-04-0260
  • Block: A
  • Lot: 26
  • Meridian: SEC 10 TWN 48S RNG 41E
  • Municipality: CORAL SPRINGS
  • Latitude: 26.2997
  • Longitude: -80.2439

    Address

  • Full Address: 5617 Nw 88th Ter
  • Address - House Number: 5617
  • Street Direction: NW
  • Address - Street Name: 88th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Coral Springs
  • Carrier Code: R065
  • 4-Digit Zip Code: 2862
  • Zip Code: 33067

Valuation

    Tax

  • Total Area: 3,182
  • Tax Year: 2023
  • Tax Amount: $1,440,763
  • Tax Rate Code Area: 2812

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 847,239
  • High Value: 1,001,533
  • Low Value: 692,945

    Market Valuation

  • Market Total Value: $642,880
  • Market Land Value: $120,000
  • Market Improvement Value: $522,880

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 117346133
  • Previous Sale Recording Date: Oct 04, 2018
  • Previous Sale Contract Date: Oct 03, 2018
  • Previous Sale Amount: $495,000
  • 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 Pine Ridge

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$288

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1391 ft²

Average Home Age

35.9 years

Currently For Sale

22 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 3660 Nw 104th Avenue, Coral Springs, FL, 33065

$4,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,049 ft²
3660 Nw 104th Avenue, Coral Springs, FL, 33065 Listing by Sender D Seigel

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Bruce Procter
Jalmark Realty Inc At Pembroke Lakes
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10278081
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 5617 Northwest 88th Terrace built and last sold?
The property at 5617 Northwest 88th Terrace was built in 1987 and last sold on Jun 10, 2021 for $608,000.
How much is this home worth?
The estimated value of the home located at 5617 Northwest 88th Terrace is $608,032.
What are some comparable homes to 5617 Northwest 88th Terrace?
There are currently no comparable homes to 5617 Northwest 88th Terrace.
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