OFF_MARKETNeutral Deal4 days on market

11150 Meridian Drive S

11150 Meridian Drive S, Parkland, FL 33076, Parkland, FL 33076
$1,100,000
Zestimate®:$1,130,100$30,100 Under Market

Listing Price

Property image 1
11150 Meridian Drive S, Parkland, FL 33076
Loc: Parkland, FL
Days Listed
4
Tax Assessed
$755k
Zestimate®
$1130k
3% Under Valued
Lot Size
9,148 sqft
Rent Estimate
$7,996/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

Heron Heights Elementary School

PK-5
1.4 mi away
9

Westglades Middle School

6-8
2.8 mi away
9

Marjory Stoneman Douglas High School

9-12
2.9 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.71%
Total ROI
18.2%
Cash Flow
$-331/mo
DSCR
0.94
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-19Sold$1,125,000$393
2026-04-17Listed for sale$1,100,000$384
2018-05-18Sold$722,700$253

Tax History

YearProperty TaxTax Assessment
2025$15,925.59$754,720
2024$15,524.8$733,450
2023$15,267.18$712,090
2022$14,613.3$691,350
2021$14,124.06$671,220
2020$13,887.99$661,050
2019$13,758.95$646,190
2018$13,758.95$39,580
2017$2,565.82$37,250
2016$2,336.9$37,250
2015$2,355.05$37,250
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,862
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,100,000Rent Basis: Observed Comp Model ($7,996/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $550/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.44%

NOI: $59,887/yr

Cash-on-Cash Yield
-3.4%

On $253,000 invested

DSCR Ratio
0.87x

Negative debt coverage

5-Yr Leveraged ROI
+77.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$616/mo
Homeowner / Hazard Insurance-$550/mo
Vacancy Reserve (5% of rent)-$400/mo
Repairs & Maintenance (10% of rent)-$800/mo
Property Management (8% of rent)-$640/mo
Total Pure Operating Expenses-$3,005/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,996/mo
Less: Operating Expenses-$3,005/mo
Net Operating Income (NOI)+$4,991/mo
Less: Debt Service (30yr @ 6.75%)-$5,708/mo
Net Cash Flow
$-717/mo
$-8,605/year
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