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Parkland 33076
7531 NW 112TH TER
$472,500
● House - Off Market

7531 NW 112TH TER

Parkland, FL 33076
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,904 Ft²
$699,378
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Just listed under $480K! Stunning and updated Parkland newer construction home with custom pool -- at an unbelievable price point! This home includes all impact glass windows and doors, 3 bedroom 2 bath, super low HOA, fenced yard with professional landscaping, newer washer and dryer, porcelain flooring in all bedrooms, newly installed kitchen quartz counters with extended island. Parkland Reserve is within short walking distance to both A rated elementary schools, sprawling parks including sport fields, outdoor theater, large covered playgrounds, city community center with camps and daycare! Low HOA of only $165 per month.  Close to highways, schools, shopping and parks.  Easy to show. Information deemed accurate and reliable but all info must be independently verified by buyer.
Unit Size
1,904 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
House
Property Taxes
$647
HOA Dues
$165
Year Built
2009

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #F10205932)

Price History

Date / Event Date Event Price
Jan 28, 2020 Sold
Premium
Sold
Dec 6, 2019 Listed by RE/MAX Park Creek Realty Inc $479,999
Listed by RE/MAX Park Creek Realty Inc
Dec 10, 2015 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2010
  • Building Count: 2
  • Bedroom Count: 3
  • 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: 2
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 7
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 36
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,464
  • Total Building Area: 2,572
  • Gross Building Area: 2,572
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKLAND VILLAGE 177-15 B
  • Land Acres: 0000000148
  • Standard Land Use Code: 1001
  • County Land Use Code: 01-01
  • State Land Use Code: 01
  • Legal Description 1: PARKLAND VILLAGE 177-15 B LOT 17 BLK H

Neighborhood

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

Zoning

  • Zoning: PRD

Geography

  • District: 3012
  • Parcel: 47-41-32-05-1590
  • Block: H
  • Lot: 17
  • Meridian: SEC 32 TWN 47S RNG 41E
  • Municipality: PARKLAND
  • Latitude: 26.3239
  • Longitude: -80.2757

    Address

  • Full Address: 7531 Nw 112th Ter
  • Address - House Number: 7531
  • Street Direction: NW
  • Address - Street Name: 112th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Parkland
  • Carrier Code: R022
  • 4-Digit Zip Code: 4786
  • Zip Code: 33076

Valuation

    Tax

  • Total Area: 2,386
  • Tax Year: 2023
  • Tax Amount: $887,626
  • Tax Rate Code Area: 3012

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 840,251
  • High Value: 991,480
  • Low Value: 689,021

    Market Valuation

  • Market Total Value: $641,980
  • Market Land Value: $67,870
  • Market Improvement Value: $574,110

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $471,540

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 23, 2020
  • Current Sale Recording Date: Jan 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 116313049
  • Previous Sale Recording Date: Dec 10, 2015
  • Previous Sale Contract Date: Dec 02, 2015
  • Previous Sale Amount: $415,000
  • 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:

$1,199,450

Sale Price/ft²

$378

Below Asking

0.02%

Average Days on Market

72

Average Home Size

3516 ft²

Average Home Age

20.2 years

Currently For Sale

121 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

Rentals Near You

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BEACHES

Listed by: Tracy Hibshman
RE/MAX Park Creek Realty Inc
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10205932
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 7531 Northwest 112th Terrace built and last sold?
The property at 7531 Northwest 112th Terrace was built in 2009 and last sold on Jan 23, 2020 for $472,500.
How much is this home worth?
The estimated value of the home located at 7531 Northwest 112th Terrace is $498,883.
What are some comparable homes to 7531 Northwest 112th Terrace?
There are currently no comparable homes to 7531 Northwest 112th Terrace.
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