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Parkland 33076
7763 NW 124th Ter
$709,000
● House - Off Market

7763 NW 124th Ter

Parkland, FL 33076
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,064 Ft²
$829,561
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Beautiful two story home with pool, located on a cul-de-sac in Heron Cove. Features 4 bedrooms, 3 full bathrooms, overlooking magnificent water view, oversize lot with fence, 2 car garage. Interior features includes: spacious master bedroom with Jacuzzi tub and outside balcony with gorgeous lake view, 1 bedroom and 1 full bathroom down stairs, gourmet kitchen with wood cabinets, granite counter tops & stainless steel appliances. Spacious family room, formal dining, breakfast area, high volume ceilings, accordion shutters, sprinkle system from lake water. Convenient location to shopping, parks, restaurants and highways. HOA includes: lawn care, home security alarm, access to club houses, pools, gym, tennis, basketball, volleyball and racquetball courts, 24 hour attended/gated community.
Unit Size
3,064 Ft²
Days on Market
-
Land Size
-
Price per sqft
$231
Property Type
House
Property Taxes
$890
HOA Dues
$308
Year Built
2003

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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 #F10282326)

Price History

Date / Event Date Event Price
Jun 11, 2021 Sold
Premium
Sold
Apr 29, 2021 Listed by United Realty Group Inc. $709,000
Listed by United Realty Group Inc.
Sep 24, 2018 Sold
Premium
Sold
Feb 28, 2008 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2004
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 7
  • Garage Type: 7
  • Garage Square Area: 388
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 36
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,851
  • Total Building Area: 3,900
  • Gross Building Area: 3,900
  • Building Area: 3,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 3,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERON BAY CENTRAL 171-23 B
  • Land Acres: 0000000249
  • Standard Land Use Code: 1001
  • County Land Use Code: 01-01
  • State Land Use Code: 01
  • Legal Description 1: HERON BAY CENTRAL 171-23 B LOT 12 BLK F

Neighborhood

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

Zoning

  • Zoning: RS-6

Geography

  • District: 3012
  • Parcel: 47-41-31-03-1400
  • Block: F
  • Lot: 12
  • Meridian: SEC 31 TWN 47S RNG 41E
  • Municipality: PARKLAND
  • Latitude: 26.3265
  • Longitude: -80.2925

    Address

  • Full Address: 7763 Nw 124th Ter
  • Address - House Number: 7763
  • Street Direction: NW
  • Address - Street Name: 124th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Parkland
  • Carrier Code: R050
  • 4-Digit Zip Code: 4548
  • Zip Code: 33076

Valuation

    Tax

  • Total Area: 3,271
  • Tax Year: 2023
  • Tax Amount: $1,213,309
  • Tax Rate Code Area: 3012

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 1,103,151
  • High Value: 1,301,698
  • Low Value: 904,604

    Market Valuation

  • Market Total Value: $859,960
  • Market Land Value: $114,680
  • Market Improvement Value: $745,280

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $625,180

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 117339522
  • Previous Sale Recording Date: Sep 24, 2018
  • Previous Sale Contract Date: Aug 31, 2018
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 55
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

$376

Below Asking

0.02%

Average Days on Market

69

Average Home Size

3479 ft²

Average Home Age

20.2 years

Currently For Sale

173 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 5715 Nw 119th Terrace, Parkland, FL, 33076

$4,700 /mo

  • 3 Beds
  • 2 Baths
  • 2,029 ft²
5715 Nw 119th Terrace, Parkland, FL, 33076 Listing by Allen Steigman

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Pilar Dixon
United Realty Group Inc.
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10282326
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 7763 Northwest 124th Terrace built and last sold?
The property at 7763 Northwest 124th Terrace was built in 2003 and last sold on Jun 4, 2021 for $709,000.
How much is this home worth?
The estimated value of the home located at 7763 Northwest 124th Terrace is $0.
What are some comparable homes to 7763 Northwest 124th Terrace?
There are currently no comparable homes to 7763 Northwest 124th Terrace.
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