Homes for sale - 3700 NW 116th Ter, Coral Springs, FL 33065

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Oct

Sun

Oct

Mon

Oct

Olivia Bardinelli

info@allbusinessre.com +1(561) 400-9657

$ 1,239,000

Est. payment | -/mo

4,105 SqFt

Save Virtual Tour

$ 1,239,000

Est. payment | -/mo

Save Virtual Tour

4,105 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,105 sqft

Price per Sqft $301

Subdivision Castlewood

MLS Listing ID F10533100

Style Fourplex

Construction Status Resale

Total Fin. Sqft 10000

Year Built 1987

Annual Tax Amount $21,500

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Rare opportunity to own a 4-unit property in the heart of Coral Springs. Each unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and ample parking. No HOA. The property is approved for housing vouchers, providing stable rental income of 9750 for all units. Gross income is $117000/year with estimated expenses of $31,000, Market rents are around $2,800/month, pushing the potential cap rate to 6.5%. Conveniently located near Costco, Coral Square Mall, Sawgrass Mills, and just 2 minutes from the Sawgrass Expressway.4 ac units are less than 4 year old.40 year inspection passed.

Location

State FL

County Broward County

Area North Broward 441 To Everglades (3611-3642)

Zoning RM-15

Interior

Heating Central Heat, Electric Heat

Cooling Central Cooling, Electric Cooling

Flooring Ceramic Floor

Exterior

Roof Type Barrel Roof

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is

Virtual Tour https://www.propertypanorama.com/3700-NW-116th-Ter-Coral-Springs-FL-33065/unbranded

Listed by Pala Homes Inc

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 400-9657

info@allbusinessre.com

3200 N Military Trl, Ste. 110, Raton, FL, 33431

3700 NW 116th Ter Coral Springs, FL 33065