FL > Coral Springs > Castlewood 71-37 B
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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Paula Castro

Paula Castro

+1(561) 723-2008
$ 1,499,999
Est. payment | /mo

4,464 SqFt

Save Virtual Tour
$ 1,499,999
Est. payment | /mo
Save Virtual Tour

4,464 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

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

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

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
agent-avatar

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

+1(561) 723-2008

realtorpaulacastro@gmail.com

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3501 NW 114th Ln