For SaleNeutral Deal1 days on market
8409 Forest Hills Drive #206
8409 Forest Hills Drive #206, Coral Springs, FL 33065, Coral Springs, FL 33065
$229,999
Estimate®:$223,500
Listing Price
8409 Forest Hills Drive #206, Coral Springs, FL 33065
Loc: Coral Springs, FL
Days Listed
1
Tax Assessed
$122k
Estimate®
$224k
Market Rate
Rent Estimate
$1,982/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.
8
Forest Hills Elementary School
PK-5
0.2 mi away
5
Forest Glen Middle School
6-8
1.9 mi away
6
Coral Springs High School
9-12
1.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
multi-familyapartment complexstucco exteriormodernbalconieswalkwayslandscapedpalm treesparking lotresidentialtropicalflat roofthree-story
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.34%
Total ROI
96.6%
Cash Flow
$21/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $21/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Coral Springs
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-11 | Listed for sale | $229,999 | $215 |
| 2019-07-15 | Sold | $138,000 | $129 |
| 2019-07-06 | Pending sale | $143,000 | $134 |
| 2019-06-25 | Listed for sale | $143,000 | $134 |
| 2016-04-14 | Sold | $98,000 | $92 |
| 2016-02-27 | Pending sale | $94,000 | $88 |
| 2016-02-27 | Listed for sale | $94,000 | $88 |
| 2016-02-26 | Pending sale | $94,000 | $88 |
| 2016-02-26 | Listed for sale | $94,000 | $88 |
| 2016-02-26 | Pending sale | $94,000 | $88 |
| 2016-01-29 | Listed for sale | $94,000 | $88 |
| 2012-06-06 | Listing removed | $1,000 | $1 |
| 2012-03-18 | Listed for rent | $1,000 | $1 |
| 2010-03-18 | Sold | $20,800 | $19 |
| 2000-09-21 | Sold | $59,000 | $55 |
| 1996-02-03 | Sold | $41,500 | $39 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,596.21 | $119,180 |
| 2024 | $2,106.66 | $115,830 |
| 2023 | $2,029.08 | $112,460 |
| 2022 | $1,918.93 | $109,190 |
| 2021 | $1,842.86 | $106,010 |
| 2020 | $1,779.88 | $104,550 |
| 2019 | $1,642.2 | $97,820 |
| 2018 | $1,642.2 | $96,000 |
| 2017 | $2,797.09 | $94,030 |
| 2016 | $1,494.1 | $54,760 |
| 2015 | $1,650.14 | $49,790 |
| 2014 | $1,441.28 | $45,270 |
| 2013 | $1,441.28 | $42,520 |
| 2012 | $1,154.7 | $40,400 |
| 2011 | $1,038.82 | $34,020 |
| 2010 | $892.62 | $29,770 |
| 2009 | $791.81 | $53,960 |
| 2008 | $766.96 | $53,910 |
Similar Properties Nearby
Explore other investment opportunities in Coral Springs.