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$23,000
● House - Off Market

#7130

Tamarac, FL
bedrooms
1 Bed
bathrooms
1 Bath
square feet
550 Ft²
$55,890
RealtyHop Estimate
124.46%
Since Oct 1, 2011
National-US
Primary Model

About This Property

Property being sold AS IS.  Seller Requires buyer btain a free prequalification letter from Wells Fargo Home Mortgage,  Provide proof of funds if cash purchase.  Offers will not be considered until August 24th.  Only owner occupant offers will be consider ed between 8/24 and 8/28.  Seller will consider all offers after 8/28.
Unit Size
550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$45
Property Type
House
Property Taxes
$53
HOA Dues
$215
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 #F1148964)

Price History

Date / Event Date Event Price
Sep 16, 2011 Sold
Premium
Sold
Aug 17, 2011 Listed by RE/MAX Sawgrass Realty $24,900
Listed by RE/MAX Sawgrass Realty

Property Highlights

Parking Details
Parking Features: 1 Space
Interior Details
Full Bathrooms: 1
Interior Features: First Floor Entry
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
Flooring Type: Ceramic Floor, Carpeted Floors
Exterior Details
Listing Terms: Conventional
Construction Type: Cbs Construction
Exterior Features: None
Financial Details
Total Taxes: $631
Tax Year: 2010
Possession Information: Funding
Utilities Details
Heating Type: Electric Heat
Cooling Type: Electric Cooling
Location Details
Subdivision Complex Building: Southgate Villas Condo
HOA Details
HOA Fee: $215 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

Similar Homes for Sale

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BEACHES

Listed by: Steven Beams
RE/MAX Sawgrass Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1148964
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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