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$70,000
● Land - Off Market

Davie, FL
bedrooms
Studio
bathrooms
0 Bath
$83,810
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Frame Home in very poor condition with violations. No occupancy or interior building access allowed. Priced for land value less demolition. Buyer assumes all risks as to possible removal or renovation. (Current Demolition order). Property has significant damage to floors, possible asbestos siding, possible mold, roof leaks. Seller is family POA and has never viewed the property. Property backs and Sides Seminole Tribal owned property (Vacant site and commercial building to South).
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$114
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #F10355594)

Price History

Date / Event Date Event Price
Dec 2, 2022 Sold
Premium
Sold
Nov 4, 2022 Listed by Advanced Research & Appraisal $79,000
Listed by Advanced Research & Appraisal

Property Highlights

Exterior Details
Listing Terms: Cash
Lot Features: Less Than 1/4 Acre Lot
Development: Recorded Plat
Financial Details
Total Taxes: $1,373
Tax Year: 2021
Possession Information: Funding
Location Details
Location: North of Stirling Road West of 441. West on Stirling from 441 to 54 Avenue North to 59 Street East to 53 Terrace and property.
Front Exposure: West
Subdivision Complex Building: Silver Lake 51-31 B
Zoning Information: R-5

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

Similar Homes for Sale

Currently no similar homes around
BEACHES

Listed by: Donald Sarley
Advanced Research & Appraisal
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10355594
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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