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$31,500
● Condo - Off Market

#8A

Coral Springs, FL
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$66,046
RealtyHop Estimate
109.67%
Since May 1, 2009
National-US
Primary Model

About This Property

RECENTLY REMODELED AND UPDATED CONDOMINIUM IN PALMS VILLAS IN CORAL SPRINGS, FLORIDA.  FEATURES WOOD CABINETS, CERAMIC TILE FLOORING THROUGHOUT, LARGE BALCONY, GREAT SCHOOLS, AND GREAT LOCATION.  ONLY APPLIANCES PRESENTLY ON THE PREMISES WILL BE INCLUDED  IN THE SALE.  ONLY ONE FRONT DOOR KEY IS AVAILABLE TO BUYER AT CLOSINGS.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$29
Property Type
Condo
Property Taxes
$201
HOA Dues
$319
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 #F990547)

Price History

Date / Event Date Event Price
Apr 3, 2009 Sold
Premium
Sold
Mar 2, 2009 Listed by Adler Realty Inc $31,500
Listed by Adler Realty Inc

Property Highlights

Parking Details
Parking Features: 1 Space
Interior Details
Full Bathrooms: 1
Interior Features: First Floor Entry
Appliances: Other Equipment/Appliances
Flooring Type: Tile Floors
Exterior Details
Listing Terms: Conventional
Construction Type: Cbs Construction
Exterior Features: Open Balcony
Financial Details
Total Taxes: $2,407
Tax Year: 2007
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Location: SAMPLE RD WEST TO CORAL RIDGE DR.- SOUTH TO NW 30TH ST- EAST TO 116TH TER.- SOUTH TO 29TH ST.
Subdivision Complex Building: PALMS VILLAS
HOA Details
HOA Fee: $319 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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BEACHES

Listed by: Christine Adler
Adler Realty Inc
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F990547
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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