OFF_MARKETExcellent Deal11 days on market

9325 LAGOON Place #405

9325 LAGOON Place #405, Davie, FL 33324, Fort Lauderdale, FL 33324
$199,900
Zestimate®:$196,200

Listing Price

Property image 1
9325 LAGOON Place #405, Davie, FL 33324
Loc: Fort Lauderdale, FL
Days Listed
11
Tax Assessed
$187k
Zestimate®
$196k
Market Rate
Rent Estimate
$2,082/mo
Est. Cash Flow base
Type
condo

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.

9

Fox Trail Elementary School

PK-5
0.7 mi away
7

Indian Ridge Middle School

6-8
0.9 mi away
6

Western High School

9-12
3.5 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
9.49%
Total ROI
37.1%
Cash Flow
$570/mo
DSCR
1.56
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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
2026-08-28Listed for sale$199,900$182
2018-12-17Listing removed$1,450$1
2018-12-11Price change$1,450$1
2018-11-26Listed for rent$1,500$1
2018-01-17Sold$109,500$100
2017-02-09Listing removed$0
2016-12-22Listed for sale$0
2005-03-23Sold$159,000$145
1987-10-01Sold$36,143$33

Tax History

YearProperty TaxTax Assessment
2025$4,154.35$192,530
2024$4,027.23$175,030
2023$3,758.33$159,120
2022$3,205.86$144,660
2021$2,849.39$131,510
2020$2,747.21$125,870
2019$2,613.28$114,430
2018$2,613.28$104,030
2017$2,292.88$84,220
2016$2,073.48$76,570
2015$1,877.05$69,610
2014$1,694.94$63,290
2013$1,694.94$59,280
2012$1,256.3$52,310
2011$1,240.02$51,710
2010$1,371.91$56,620
2009$1,954.39$85,790
2008$2,887.9$135,990
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,100
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: $199,900Rent Basis: Observed Comp Model ($2,082/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreGood
7/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
7.81%

NOI: $15,604/yr

Cash-on-Cash Yield
6.9%

On $45,977 invested

DSCR Ratio
1.25x

Prime loan qualification

5-Yr Leveraged ROI
+128.5%

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)-$153/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$104/mo
Repairs & Maintenance (10% of rent)-$208/mo
Property Management (8% of rent)-$167/mo
Total Pure Operating Expenses-$782/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,082/mo
Less: Operating Expenses-$782/mo
Net Operating Income (NOI)+$1,300/mo
Less: Debt Service (30yr @ 6.75%)-$1,037/mo
Net Cash Flow
$263/mo
$3,157/year
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