Coral Springs, FL 33065,3501 NW 114th Ln
Coral Springs, FL 33065,3501 NW 114th Ln
Coral Springs, FL 33065,3501 NW 114th Ln
Coral Springs, FL 33065,3501 NW 114th Ln
Coral Springs, FL 33065,3501 NW 114th Ln
Coral Springs, FL 33065,3501 NW 114th Ln
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$ 1,499,999
Est. payment | /mo

4,464 SqFt


$ 1,499,999
Est. payment | /mo

4,464 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,464 sqft

Price per Sqft $336

Subdivision Castlewood 71-37 B

MLS Listing ID F10512073

Style Fourplex

Construction Status Resale

Year Built 1988

Annual Tax Amount $25,094

Tax Year 2023

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 $10,796 for all units. Gross income is $129,552/year with estimated expenses of $37,000, this offers a strong 6.17% cap rate. Market rents are around $2,800/month, pushing the potential cap rate to 6.49%. Conveniently located near Costco, Coral Square Mall, Sawgrass Mills, and just 2 minutes from the Sawgrass Expressway.

Location

State FL

County Broward County

Area North Broward 441 To Everglades (3611-3642)

Zoning RM-15

Interior

Heating Central Heat

Cooling Ceiling Fans, Central Cooling

Flooring Tile Floors

Exterior

Roof Type Curved/S-Tile Roof

Private Pool No

Building

Lot Description 1/4 To Less Than 1/2 Acre Lot

Story 2.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Association Rules None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/3501-NW-114th-Ln-Coral-Springs-FL-33065--F10512073/unbranded

BeachesMLS Matrix (RAPB-F prefix)
Listed by Lifestyle International Realty
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Eagle Ridge Elementary School

    Public | KG - 5

  • 9

    Park Trails Elementary School

    Public | KG - 5

  • 8

    Westchester Elementary School

    Public | KG - 5

  • 8

    Country Hills Elementary School

    Public | KG - 5

  • 7

    Riverside Elementary School

    Public | KG - 5

  • 7

    Coral Park Elementary School

    Public | PK - 5

  • 6

    Parkside Elementary School

    Public | KG - 5

  • 6

    Forest Hills Elementary School

    Public | KG - 5

  • 5

    Maplewood Elementary School

    Public | KG - 5

  • 5

    Ramblewood Elementary School

    Public | KG - 5

  • 5

    Coral Springs Elementary School

    Public | PK - 8

  • 3

    Eagles Nest Elementary Charter School

    Public | KG - 5

  • 0

    Glades Christian Academy

    Private | KG - 8

  • 0

    Abis Place

    Private | 1 - 10

  • 0

    Coral Springs Christian Academy

    Private | PK - 12

  • 0

    St Andrew Catholic School

    Private | KG - 8

  • 0

    Atlantis Academy

    Private | KG - 12

  • 0

    Coral Springs Montessori

    Private | PK - KG

  • 0

    Imagine Charter School of Broward

    Public | KG - 5

  • 0

    Broward Community Charter West

    Public | KG - 5

Middle Schools 9
  • 9

    Imagine Middle School at Broward

    Public | 6 - 8

  • 9

    Westglades Middle School

    Public | 6 - 8

  • 7

    City of Coral Springs Charter

    Public | 6 - 12

  • 6

    Eagles Nest Middle Charter School

    Public | 6 - 8

  • 6

    Ramblewood Middle School

    Public | 6 - 8

  • 6

    Sawgrass Springs Middle School

    Public | 6 - 8

  • 6

    Coral Springs Middle School

    Public | 6 - 8

  • 0

    Center Academy

    Private | 6 - 12

  • 0

    Discovery Middle Charter School

    Public | 6 - 8

High Schools 5
  • 9

    Marjory Stoneman Douglas High School

    Public | 9 - 12

  • 5

    J. P. Taravella High School

    Public | 9 - 12

  • 5

    Coral Glades High School

    Public | 9 - 12

  • 0

    Mesivta of Coral Springs

    Private | 9 - 11

  • 0

    Score at the Top Coral Springs Llc

    Private | 11 - 12

School and business data provided by Attom Data.
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3501 NW 114th Ln