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Parkland 33076
8266 NW 124th Ter
$587,500
● House - Off Market

8266 NW 124th Ter

Parkland, FL 33076
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,771 Ft²
$852,995
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Turnkey 4 Beds, 3 Baths Waterfront Home w/Room For Pool On Oversized Fenced-In Lot! Triple-Split Floor Plan, Marble Floors, Brand New A/C Unit, New High Efficiency Washer & Dryer, Plantation Shutters, Designer Window Treatments, Freshly Painted Interior, Newer Chandeliers & Fans. Huge Ceilings Make This Home Feel Open & Inviting! Amazing Kitchen w/Oversized Island, Granite Counters, Stainless Steel Appliances: Newer 48' Fridge, Brand New Double Ovens, Cooktop & Dishwasher! Newer Wood Like Tile Floors In Beds, Spacious Master Bed Overlooks Water, Built-In His & Her Closets, Master Bath w/Separate Jacuzzi Tub & Seamless Glass Shower, Dual Sinks, Granite Counters. Spacious Backyard, Guard Gated Community, Resort-Style Amenities, A-Rated Schools. Low Inventory In This Price Point!
Unit Size
2,771 Ft²
Days on Market
-
Land Size
-
Price per sqft
$216
Property Type
House
Property Taxes
$752
HOA Dues
$218
Year Built
2006

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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 #F10211406)

Price History

Date / Event Date Event Price
Apr 27, 2020 Sold
Premium
Sold
Jan 15, 2020 Listed by RE/MAX Park Creek Realty Inc $599,900
Listed by RE/MAX Park Creek Realty Inc
Sep 20, 2019 No longer available -
No longer available
Sep 13, 2019 Relisted $589,900
Relisted
Sep 11, 2019 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2007
  • Building Count: 1
  • 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: 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: 19
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,710
  • Total Building Area: 3,334
  • Gross Building Area: 3,334
  • Building Area: 2,771
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,771
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERON BAY NORTH PLAT 2 173-181 B
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: 01-01
  • State Land Use Code: 01
  • Legal Description 1: HERON BAY NORTH PLAT 2 173-181 B LOT 32 BLK D

Neighborhood

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

Zoning

  • Zoning: RS-6

Geography

  • District: 3012
  • Parcel: 47-41-31-05-1270
  • Block: D
  • Lot: 32
  • Meridian: SEC 31 TWN 47S RNG 41E
  • Municipality: PARKLAND
  • Latitude: 26.3329
  • Longitude: -80.2913

    Address

  • Full Address: 8266 Nw 124th Ter
  • Address - House Number: 8266
  • Street Direction: NW
  • Address - Street Name: 124th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Parkland
  • Carrier Code: R005
  • 4-Digit Zip Code: 4943
  • Zip Code: 33076

Valuation

    Tax

  • Total Area: 3,307
  • Tax Year: 2023
  • Tax Amount: $909,653
  • Tax Rate Code Area: 3012

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 1,027,681
  • High Value: 1,212,644
  • Low Value: 842,717

    Market Valuation

  • Market Total Value: $757,390
  • Market Land Value: $116,520
  • Market Improvement Value: $640,870

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $460,720

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2020
  • Current Sale Recording Date: Apr 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 116476950
  • Previous Sale Recording Date: May 31, 2019
  • Previous Sale Contract Date: May 30, 2019
  • Previous Sale Amount: $574,900
  • 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

3467 ft²

Average Home Age

20.7 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 12571 Nw 57th Court, Coral Springs, FL, 33076

$4,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,623 ft²
12571 Nw 57th Court, Coral Springs, FL, 33076 Listing by Beth M Laggan
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: Michael Citron
RE/MAX Park Creek Realty Inc
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10211406
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 8266 Northwest 124th Terrace built and last sold?
The property at 8266 Northwest 124th Terrace was built in 2006 and last sold on Apr 15, 2020 for $587,500.
How much is this home worth?
The estimated value of the home located at 8266 Northwest 124th Terrace is $0.
What are some comparable homes to 8266 Northwest 124th Terrace?
There are currently no comparable homes to 8266 Northwest 124th Terrace.
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