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- 3501 114th Lane, Coral Springs, FL 33065
- MLS#: F10512073 ( Residential Income )
- Street Address: 3501 114th Lane
- Viewed: 4
- Price: $1,499,999
- Price sqft: $0
- Waterfront: No
- Year Built: 1988
- Bldg sqft: 0
- Additional Information
- Geolocation: 26 / -80
- County: BROWARD
- City: Coral Springs
- Zipcode: 33065
- Subdivision: Castlewood 71 37 B
- Provided by: Lifestyle International Realty
- DMCA Notice
-
DescriptionRare 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.
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Property Features
Possible Terms
- Cash
- Conventional
Home Owners Association Fee Includes
- Trash
- Water
Close Date
- 0000-00-00
Cooling
- Ceiling Fan(s)
- Central Air
Flooring
- Tile
Heating
- Separate Meters
- Central
Legal Description
- CASTLEWOOD 71-37 B LOT 6 BLK M
Parcel Number
- 484117061400
Pets Allowed
- Yes
Property Type
- Residential Income
Roof
- Spanish Tile
Sewer
- Public Sewer
Tax Year
- 2023
Utilities
- Cable Available
Virtual Tour Url
- https://www.propertypanorama.com/3501-NW-114th-Ln-Coral-Springs-FL-33065--F10512073/unbranded
Year Built
- 1988
Zoning Code
- RM-15
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