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987 Spring Palms Loop

Orlando, FL 32828

3 bd 2 ba 1,559 sqft Built 2023 Lot 2,215 sqft townhomes
Most recent sale
$6,776,000
Jul 26, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Price changed $374,930 MLS #485AA9DC82EA4106884CE3F0CCD96
Aug 3, 2022 Listed $392,839 MLS #485AA9DC82EA4106884CE3F0CCD96
Jul 26, 2021 Sold $6,776,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $269,000 $60,000 $329,000 $5,862
2024 $269,000 $60,000 $329,000 $5,773
2023 $60,000 $60,000 $1,247
2022 $40,000 $40,000 $795
2021 $26,000 $26,000 $586

Property facts

Year built
2023
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,559 sqft
Lot size
2,215 sqft
ZIP code
32828
City
Orlando
Street
Spring Palms Loop
Coordinates
28.54509, -81.15448

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$40,656
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 987 Spring Palms Loop last sell?
987 Spring Palms Loop most recently sold on Jul 26, 2021 for $6,776,000.
What is the current tax assessment for 987 Spring Palms Loop?
The most recent total assessment for 987 Spring Palms Loop (year 2025) is $329,000 with $5,862 in property tax.
How does 987 Spring Palms Loop's assessment compare to its last sale price?
The current assessment is 95.1% below the last sale price of $6,776,000.
When was 987 Spring Palms Loop built?
987 Spring Palms Loop was built in 2023.
How does 987 Spring Palms Loop compare to others on Spring Palms Loop?
We track 8 other properties on Spring Palms Loop. Browse the list under "Other properties on Spring Palms Loop" to compare beds, baths, and sale history.
What are the property facts for 987 Spring Palms Loop?
987 Spring Palms Loop is a 3 bed, 2 bath, 1,559 sqft, 2,215 sqft lot townhomes.
Is 987 Spring Palms Loop a flip candidate?
No — 987 Spring Palms Loop does not appear in our flips dataset.
Is 987 Spring Palms Loop a tax-appeal candidate?
No — 987 Spring Palms Loop is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.7%
Implied 1-yr
+6.8%
2026 Q3
$585.4K
2026 Q4
$594.4K
ZIP 32828 — Median Price History + Forecast

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