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Broward 33076
8425 Watercrest Cir
$1,600,000
● House - Off Market

8425 Watercrest Cir

Parkland, FL 33076
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5,586 Ft²
$2,179,656
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Own the best lot in the community while experiencing ocean vibes and suburban living! Enjoy expansive water views & gorgeous sunsets from your own private oasis. This expanded Barrington model is positioned on over a 1/4 acre lot with only one neighbor. No expense was spared when it came to upgrading this new construction SMART HOME. It comes fully equipped with all impact windows/doors, a water softening system, natural gas lines, & a salt water/heated infinity edge pool with a marble pool deck. High end finishes throughout, including porcelain tile, real wood floors, premium countertops, large rooms & an oversized bonus room. Retreat to your expansive master suite with panoramic lake views, a luxurious master bath including an oversized stand in shower & custom walk in closets
Unit Size
5,586 Ft²
Days on Market
-
Land Size
-
Price per sqft
$297
Property Type
House
Property Taxes
$2,396
HOA Dues
$347
Year Built
2018

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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 #F10253540)

Price History

Date / Event Date Event Price
Dec 30, 2020 Sold
Premium
Sold
Oct 12, 2020 Listed by RE/MAX Advisors $1,659,000
Listed by RE/MAX Advisors
Jun 27, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • 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
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 7
  • Garage Type: 7
  • Garage Square Area: 512
  • Parking Space Count: 2
  • Patio Type: 24
  • Porch Type: 36
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 12,059
  • Total Building Area: 6,912
  • Gross Building Area: 6,912
  • Building Area: 5,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 5,586
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRUSCHI PROPERTY 180-105 B
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 01-01
  • State Land Use Code: 00
  • Legal Description 1: BRUSCHI PROPERTY 180-105 B LOT 1 WATERCREST AT PARKLAND

Neighborhood

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

Zoning

  • Zoning: PRD

Geography

  • District: 3012
  • Parcel: 47-41-29-03-0010
  • Lot: 1
  • Meridian: SEC 29 TWN 47S RNG 41E
  • Municipality: PARKLAND
  • Latitude: 26.3361
  • Longitude: -80.2759

    Address

  • Full Address: 8425 Watercrest Cir E
  • Address - House Number: 8425
  • Street Segment Direction: E
  • Address - Street Name: Watercrest
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Parkland
  • Carrier Code: R096
  • 4-Digit Zip Code: 2856
  • Zip Code: 33076

Valuation

    Tax

  • Total Area: 5,596
  • Tax Year: 2023
  • Tax Amount: $2,913,069
  • Tax Rate Code Area: 3012

    Appraisal Valuation

  • Standard Deviation: 0.1946
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 2,438,239
  • High Value: 2,912,778
  • Low Value: 1,963,700

    Market Valuation

  • Market Total Value: $2,045,770
  • Market Land Value: $144,710
  • Market Improvement Value: $1,901,060

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,496,150

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 116959059
  • Previous Sale Recording Date: Jun 27, 2018
  • Previous Sale Contract Date: Jun 21, 2018
  • Previous Sale Amount: $1,612,000
  • Previous Sale Document Type: 68
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 Broward

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$314

Above Asking

0.16%

Average Days on Market

72

Average Home Size

1563 ft²

Average Home Age

42.9 years

Currently For Sale

18291 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 11036 Meridian Drive N, Parkland, FL, 33076

$9,500 /mo

  • 4 Beds
  • 3 Baths
  • 3,959 ft²
11036 Meridian Drive N, Parkland, FL, 33076 Listing by Mary DelRey

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Michael Perrault
RE/MAX Advisors
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10253540
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 8425 Watercrest Circle built and last sold?
The property at 8425 Watercrest Circle was built in 2018 and last sold on Dec 28, 2020 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 8425 Watercrest Circle is $1,673,431.
What are some comparable homes to 8425 Watercrest Circle?
There are currently no comparable homes to 8425 Watercrest Circle.
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