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$87,000
● Condo - Off Market

#211

Coconut Creek, FL
bedrooms
3 Beds
bathrooms
2 Baths
$176,434
RealtyHop Estimate
120.82%
Since May 1, 2011
National-US
Primary Model

About This Property

THIS IS A FANNIE MAE PROPERTY AND IS APPROVED FOR HOMEPATH MORTGAGE FINANCING AND HOMEPATH RENOVATION MORTGAGE FINANCING PURCHASE WITH AS LITTLE AS 3% DOWN**SPACIOUS 3 BED 2 BATH UNIT IN RIVIERA PALMS ** UNIT FEATURES A SPLIT BEDROOM PLAN AND LARGE PATIO  ** COMPLEX HAS MANY AMMENITIES AND IS LOCATED NEAR TRADEWINDS PARK **
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$141
HOA Dues
$312
Year Built
-

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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 #F1120853)

Price History

Date / Event Date Event Price
Apr 4, 2011 Sold
Premium
Sold
Feb 18, 2011 Listed by Florida Gold Realty Corp $79,900
Listed by Florida Gold Realty Corp

Property Highlights

Parking Details
Parking Features: 1 Space
Interior Details
Full Bathrooms: 2
Interior Features: Second Floor Entry
Appliances: No Equipment
Flooring Type: Carpeted Floors, Ceramic Floor
Exterior Details
Listing Terms: Other Terms
Construction Type: Cbs Construction
Exterior Features: Open Balcony
Financial Details
Total Taxes: $1,697
Tax Year: 2010
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Location: FROM SAMPLE RD GO NORTH ON LYONS RD ABOUT O.3 MILES ON RIGHT HAND SIDE. TURN RIGHT UPON ENTERING THE COMPLEX AND CONTINUE TO 3830
Subdivision Complex Building: Riviera Palms
HOA Details
HOA Fee: $312 Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
BEACHES

Listed by: Nerissa Spannos
Florida Gold Realty Corp
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1120853
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.
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